Turkish private equity firm Brightwell Holdings BV confirmed Thursday that it intends to bid on bankrupt Saab Automobile AB, putting it in competition with China's Zhejiang Youngman Lotus Automobile Co., which has long been trying to acquire the beleaguered Swedish automaker.
Fenwick & West LLP has snagged Perkins Coie LLP's California private equity practice chair for its private equity and mergers and acquisitions groups in its Silicon Valley office, the firm announced Tuesday.
The private equity arm of the Ontario Teachers’ Pension Plan and investor Bertelsmann Digital Media Investments have raised $85 million to finance the expansion of online game developer and publisher Trion Worlds Inc., the California-based company announced Thursday.
Banco Santander Brasil SA, one of Brazil's largest banks, has created an independent company to manage its private equity funds, which are currently valued at $2.1 billion and concentrated in the infrastructure and oil and gas sectors, Santander's banking union announced Thursday.
The private equity group at Ropes & Gray LLP helped TPG Capital LP navigate its acquisition of J. Crew Group Inc. in one of the year's most controversial buyouts and negotiated some of 2011's largest private equity deals, earning it a spot on Law360's list of Private Equity Groups of 2011.
As the fight to raise real estate funds intensifies, private equity firms are now being forced to debate terms that once seemed set in stone and investors are gaining concessions that have long eluded them in an attempt to overcome widespread market ambivalence, attorneys told Law360.
New equity investments from Z Capital Partners LLC and SAC Capital Advisors LP have thrown a lifeline to a dietary supplements maker that defaulted on $250 million in loans last May, the company said Thursday.
Hotel investment firm RockBridge Capital LLC will sponsor a multimillion-dollar renovation of the Wynfrey Hotel in Birmingham, Ala., with a preferred equity investment intended to recapitalize the Wynfrey and make it part of the Hyatt Regency franchise, the company announced Thursday.
Chinese sportswear retailer Li Ning Co. has secured 750 million yuan ($118 million) in debt financing from private equity giant TPG Capital and the government of Singapore in order to help it revitalize its brand, according to regulatory filings.
Chinese commercial and residential developer Evergrande Real Estate Group Ltd. has bought back the outstanding 40 percent of a Guangzhou housing development from a Blackstone Group LP-led joint venture partner for $161.6 million, Evergrande reported in a stock filing Wednesday.
Private equity firms Cerberus Capital Management LP and The Renco Group Inc. have committed new capital to Renco affiliate RG Steel LLC, the nation’s fourth-largest flat-rolled steel producer, to help it gain its footing in an ailing market, the companies said Wednesday.
Keyuan Petrochemicals Inc., a Chinese petrochemical manufacturer backed by private equity firm Prax Capital, is boosting its output with the construction of a new production facility in southern China, the company announced Thursday.
Bankrupt Washington Mutual Inc. and a group of hedge funds helping to craft the bank's reorganization plan asked a judge Wednesday to reject a motion that would force them to give a group of shareholders more information before the plan is confirmed, calling it an effort to stall the process.
Private equity investor Kayne Anderson Energy Funds has upped its investment in Texas-based oil and gas company Newton Energy Partners LLC by $75 million, the companies announced Wednesday.
With more than 300 attorneys who work in the world of private equity, Kirkland & Ellis LLP is an 800-pound gorilla in the buyout jungle. Despite a down year for the industry overall, the Chicago-based firm worked 174 deals totaling $33 billion in 2011 and also expanded its practice abroad, earning it a spot on Law360's list of Private Equity Groups of 2011.
South African venture capital firm Quantum Capital Fund, which focuses on technology investments, has started its first-ever U.S.-based operation with the launch of a $200 million fund, the company announced on Wednesday.
An affiliate of LAN Airlines SA told a New York state appeals court Wednesday that private equity firm MatlinPatterson Global Advisers LLC is liable for $17 million the unit loaned to a Brazilian carrier before a third airline bought it.
Private equity firm Blackstone Group LP has made an investment in a loan for 2 World Financial Center, representing a 25 percent stake in the building, sources close to the deal said Wednesday.
U.K. law firm Macfarlanes LLP has folded hedge fund boutique D. Harris & Co. International Ltd. into its growing private equity practice, the firms announced Monday.
Olympus Capital Asia Investments Ltd. has paid $100 million for a minority stake in DM Healthcare Private Ltd., money that will boost the health service provider's planned expansion in India and the Persian Gulf, the Asia-focused private equity firm said Wednesday.