Qualcomm said Friday that Paul Jacbos, its chairman until a week ago, was considering a buyout effort for the California chipmaking giant just days after it fended off a hostile bid from Singapore rival Broadcom.
MUNICH and NAALDWIJK, Netherlands, March 16, 2018 /PRNewswire/ -- Funds managed by Equistone Partners Europe ("Equistone"), one of Europe's leading mid-market private equity investors, have invested in BOAL Group ("BOAL" or "the Group"), a leading designer and manufacturer of...
Bain Capital has had better weeks. The Boston private-equity firm was a lead investor in three leveraged buyouts -- Toys 'R' Us, iHeartMedia and Guitar Center -- each of which experienced a financial collapse in recent days. The Mitt Romney-founded firm co-led the 2008 buyout of America's biggest radio station owner, iHeart, and on Thursday...
FSN Capital Partners, a Scandinavian private equity firm, has launched an office in Munich, Germany. Also, the firm has hired Robin Muerer and Justin Kent as partners for the new office. Both will lead the [...]
The Berkshire annual letter to investors arrived two weeks ago and presaged some disconcerting trends. Warren Buffet explained that the party was in effect over and that markets were overpriced across the board. Warren Buffet, a value investor, often seeks to buy assets when they are priced lower than their net present value. Get the entire 10-part series on Warren Buffett in PDF.
DETROIT, March 15, 2018 /PRNewswire/ -- Leading lower-middle-market private equity firm Huron Capital today announced its information technology solutions platform InterVision Systems has acquired Indianapolis, Indiana-based Bluelock, an industry leader in disaster recovery and infrastruct...
Private equity firm Trilantic Capital Partners is planning a return to 399 Park Avenue. Trilantic, which manages $7.3 billion worth of capital commitments, has a lease out for the full, 25,000-square-foot 39th floor at the top of Boston Properties' swanky Park Avenue tower, sources told The Real Deal. The asking rent for the space is $140 per square foot. Representatives for Trilantic and Boston Properties couldn't be immediately reached for comment. CBRE's Peter Turchin, who [...]
Winning the assignment to lease up a trophy Midtown building is a brass ring for any brokerage. Not only can it generate millions of dollars in commissions, but it also serves as a towering billboard announcing a firm's place in the upper echelons of the commercial world. Last year, HNA Group was dangling one of those trophies: 245 Park Avenue, which it had recently purchased for $2.2 billion. The commercial industry's Big 3 -- CBRE, [...]
There are plenty of lucrative roles with growth potential at PE firms outside of the investment team. : There are plenty of lucrative roles with growth potential at PE firms outside of the investment team. Private equity firms are doing more hiring for non-investment roles than ever before, opening up opportunities for a wider range of candidates, both within the organizations themselves and at their portfolio companies. PE firms are currently doing plenty of mid-level and senior hiring across the corporate function job family, including controllers, investor relations, finance, technology, data analytics and regulatory compliance.
By David Teten, HOF Capital VC fund managers typically want to grow their businesses aggressively, just like the founders we back. But we normally have a clear ceiling on how high we can grow AUM before hitting [...]