Camden Partners, the Baltimore, Md.-based private equity firm, announced Thursday its managing member Christopher Kersey will join the Johns Hopkins Medicine International Board as Chairman. Johns Hopkins Medicine International is the global development arm of Johns Hopkins Medicine.
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Dunkin' Brands could set the terms and launch its initial public offering as soon as next week, Reuters wrote, citing a Bloomberg report. The company, owned by Bain Capital, Carlyle Group and Thomas H. Lee Partners, could begin meeting with investors after the July 4 weekend. The company filed in May for an IPO of up to $400 million.
Axa Private Equity is buying a portfolio of funds worth $740 million from Barclays Private Equity, Reuters reported. The price of the deal was not released. This is the second such deal for Axa in recent weeks: the company bought up a similar portfolio from Citigroup worth about $1.7 billion.
Standard Chartered Private Equity has taken a 49% interest in South Korea's largest forklift maker, Doosan Industrial Vehicle, Reuters reported Thursday. Terms of the deal were not released. Standard Chartered Private Equity said it planned to expand Doosan’s presence in emerging markets.
GAMEVIL, the mobile game publisher and developer, will invest $10 million creating a number of partnerships with external developers in coming months, the company announced. The decision comes as online gaming has increasingly become popular with gamers and VCs alike, with companies including Digital Chocolate and Zynga raising capital.
Encore Consumer Capital, the San Francisco-based private equity firm, will sell its Aidells Sausage Co., a maker of sausage and meatball products, to Sara Lee Corp. for $87 million. Houlihan Lokey acted as financial advisor for Aidells and Latham & Watkins LLP acted as legal counsel.
SAO PAULO (Reuters) – BTG Pactual, Brazil’s biggest independent securities firm, raised $1.6 billion for a private equity fund as it expands investment in nonfinancial industries, BTG’s merchant banking chief told Reuters. More than half the capital of the BTG Pactual Brazil Investment I fund comes from investors in the United States, Europe, Asia and […]
The Agricultural Bank of China is partnering with the Chinese city of Wuxi on a 15 billion yuan ($2.3 billion) private equity fund to invest in high-growth sectors such as logistics and energy conservation, Reuters reported Wednesday. The Agricultural Bank of China is the country’s third-largest lender by assets. The fund will be based in Wuxi, which is near Shanghai.
South Korea says that three local private equity firms are interested in the government’s $6 billion stake in Woori Finance Holdings. Vogo Fund and TStone confirmed that they were bidding for the stake, Reuters reported. MBK Partners was reported to be the third bidder, Reuters wrote. (Reuters) – South Korea said it received interest from […]