Tiger Infrastructure Partners has launched as a new infrastructure private equity firm, with a focus on mid-market opportunities in North America and in Europe. It will be led by Emil Henry, formerAssistant Secretary of the U.S. Treasury who most recently ran Lehman Brothers' infrastructure private equity business.
NEW YORK (Reuters) – Private equity firm Blackstone Group (BX.N) is to buy stakes in two of Glimcher Realty Trust’s (GRT.N) malls for around $195 million in cash and debt, a source familiar with the matter said on Monday. The Wall Street Journal earlier reported the news. The paper said that under the terms of […]
NEW YORK (Reuters) – Private equity giant TPG Capital is investing $500 million to buy a majority stake in Houston-based natural gas handling services company Valerus Compression Services, the companies said on Monday. TPG, one of the largest private equity firms in the world, has been an active investor in energy. It was one of […]
Fireman Capital Partners has invested an undisclosed amount in Pilla Inc., a Ridgefield, Conn.-based maker of sports eyewear. Stacy Madison, an FCP strategic advisor and founder of Stacy’s Pita Chips, will join the Pilla board of directors.
Rue21, a Warrendale, Penn.-based youth clothing retailer, has set its IPO terms to around 6.77 million common shares being offered at between $16 and $18 per share. It would have an initial market cap of approximately $435 million, were it to price at the high end of its range. The company plans to trade on […]
BNY Mellon Asset Management has acquired a 20% stake in Siguler Guff & Company, a multi-strategy private equity firm with over $8 billion in assets under management. No financial terms were disclosed.
Kaisa Arovaara is stepping down as chief financial officer of CapMan, effective January 31, 2010. she joined the firm in 2006, and will be replaced on an interim basis by senior partner Olli Liitola.
SJ Berwin has opened an office in Shanghai. This is the law firm's 12th office overall, and second in East Asia.
CapMan has agreed to acquire a majority stake in SRK Konsultation AB, a Swedish provider of residential care, treatment and educational services for young people and adults. No financial terms were disclosed.
Baring Private Equity Asia has acquired a 16.5% stake in Singapore-listed confectioner Hsu Fu Chi. The deal was valued at US$135 million. www.bpeasia.com