Anonymous sources
Private Equity Hub (press release)
NY Shop Eyes Second Close, Sets $825M Hard Cap - Private Equity Hub (press release)
Arsenal Capital Partners expects to hold a second close on its third buyout fund in June or July in the $400 million to $500 million range, Buyouts reported earlier today, citing a source close to the firm. The New York-based firm, which recently held ...
SEC Commissioner's Comment Causes Registration Kerfuffle - Private Equity Hub (press release)
The SEC's job, the source said, “is to implement what Congress does, not question it or overturn it.” Practically speaking, the source said that even if the agency wanted to offer exemptions, it's simply too late because most firms have already applied ...
A New Cadre of Facebook Angels? Don't Count on It - Private Equity Hub (press release)
It's a fair point, says one early Facebook employee, who asked to remain anonymous. “Between late 2007 (when Microsoft invested in Facebook) and the middle of 2008 (after Sheryl Sandberg joined as Facebook's COO), there was an inflection point, ...
DuPont Unit Deal Could Fetch $4B - Private Equity Hub (press release)
DuPont's adviser on the deal, Credit Suisse Group, has sent out financial materials related to the unit to potentially interested parties, the sources said. Reuters and other news organizations reported in October that DuPont was considering the sale ...
United Tech May Deal Hamilton Units - Private Equity Hub (press release)
(Reuters) – Industrial conglomerate United Technologies Corp is reviewing the possibility of selling its flow and compressor businesses that could fetch a combined $3.5 billion, people familiar with the matter said. A sale of these businesses, ...
KKR, TPG Capital Looking into Yahoo Stake - Private Equity Hub (press release)
“The PE firms who have signed the nondisclosure agreements are seeking a minority stake as a half-step in buying the company while the leverage markets remain closed,” said one of the sources close to the situation. “They want to get a pole position ...
TA Associates Chair Battles Illness - Private Equity Hub (press release)
The chairman of private-equity firm TA Associates, which manages around $16 billion in capital, is battling a serious illness, according to people briefed on the matter, reports Reuters. (Reuters) The chairman of private-equity firm TA Associates, ...
Exclusive: SEC Will Likely Toughen Rules for Secondary Markets - Private Equity Hub (press release)
“You will likely see more requirements coming out,” from the SEC, the source said. “There is no public information available [on some secondary market companies]. This is not good for investors.” Another source acknowledged that the SEC may push to ...
Rhone Group Close to a Deal for Carbon Black - Private Equity Hub (press release)
UL], a source close to the deal said on Thursday. The sale is expected to fetch just over 900 million euros ($1.3 billion), and could be signed as soon as Friday, the person said. Carbon black was originally derived from soot, and more than 60 percent ...
Blackstone, Dinamia to Buy Mivisa Stake - Private Equity Hub (press release)
10, people familiar with the matter said Blackstone had made the only binding offer for Mivisa, owned by the US company's European rival CVC CVC.UL. ...
VC and PE Firms Are Going Nuts for Brazil, But Trying to Keep It Quiet - Private Equity Hub (press release)
Another US VC who asked to remain anonymous declined to name other firms he was seeing in Brazil. “I don't think my friends want to be outed,” owing to ...
Lockheed Martin Nears $350 Million Deal to Sell PAE Unit - Private Equity Hub (press release)
N), two of the sources said. The sources asked for anonymity because they were not authorized to speak with the media regarding the auction. ...
BJ's Wholesale Club To Explore Strategic Alternatives - Report - Private Equity Hub (press release)
... alternatives and it plans to consider the possible sale to a private equity firm, the New York Post reported citing a source close to the retailer. ...
VCs Privately Seethe Over Facebook's New Direction: “No One Wants to Moon the ... - Private Equity Hub (press release)
The promiment Web investor who asked not to be named says that his firm and many others are spending “a lot of time thinking about what the impact might be ...
McGraw Hill Drops Out of IDC Auction - Private Equity Hub (press release)
N), sources briefed on the matter said. Interactive Data, which sells financial information and analytical tools to banks and financial institutions, ...