Private Equity

  • January 26, 2011

    Latham Reps Carlyle In Dutch Private Equity Firm Buy

    The Carlyle Group LLC on Wednesday announced plans to buy Dutch private equity investment firm AlpInvest Partners NV from European asset management giants APG and PGGM Cooperatie UA through a joint venture with AlpInvest's management.

  • January 19, 2011

    J.Crew Settles Shareholder Action Over $3B Sale

    Clothing retailer J.Crew Group Inc. has agreed to pay $10 million and implement other measures to settle a putative shareholder class action that challenged its $3 billion acquisition by private equity firms TPG Capital and Leonard Green & Partners LP.

  • January 18, 2011

    Weil Advises Advent In $1.5B Buy Of Priory From RBS

    The Royal Bank of Scotland Group PLC announced Tuesday it had agreed to sell the Priory Group, a U.K.-based provider of mental health services, to private equity firm Advent International in a deal worth up to £925 million ($1.5 billion).

  • January 14, 2011

    SEC Blasts Hedge Fund Adviser Over $53M Self-Dealing

    The U.S. Securities and Exchange Commission has accused a hedge fund adviser of siphoning $53 million of investors' money and sinking it into clean energy startups and other private equity ventures.

  • January 13, 2011

    Gibson Dunn Adds Corporate Partner in NYC

    Gibson Dunn & Crutcher LLP is growing its New York office with Willkie Farr & Gallagher LLP's Peter Hanlon, whose practice includes mergers and acquisitions, securities offerings and private equity transactions, with a focus on the energy industry.

  • January 11, 2011

    Terra Firma To Appeal Pro-Citi Verdict In EMI Suit

    British private equity firm Terra Firma Capital Partners Ltd. plans to appeal a federal jury's November verdict that dashed its hopes for compensation from Citigroup over its £4 billion ($6.2 billion) purchase of music firm EMI.

  • December 23, 2010

    Leonard Green's $1.6B Jo-Ann Buyout Triggers Probes

    Craft retailer Jo-Ann Stores Inc. has agreed to a $1.6 billion buyout by an affiliate of private equity firm Leonard Green & Partners LP, sparking probes from its shareholders’ lawyers on whether the company made proper disclosures and struck a sufficient deal.

  • December 20, 2010

    Baker Botts Aids Ascent In $1.2B Monitronics Deal

    Aiming to branch out of its media content provider niche, Ascent Media Corp. has agreed to acquire security monitoring company Monitronics International Inc. from private equity firm ARBY Partners in a deal valued at approximately $1.2 billion.

  • December 16, 2010

    Lexington Buys $730M In Lloyds Private Equity Assets

    Private equity investor Lexington Partners has agreed to buy a portfolio of limited partnership interests in 33 private equity funds worth roughly £470 million ($730 million) from certain subsidiaries of Lloyds Banking Group PLC.

  • December 15, 2010

    2 Firms Strike Deals In NY Pension Corruption Probe

    Hedge fund manager HFV Management LP and private equity firm Odyssey Investment Partners LLC agreed Wednesday to renounce pay-to-play as part of a deal to end New York Attorney General Andrew Cuomo's probe into their ties to pension fund corruption.

  • December 14, 2010

    Skadden Reps HCP In $6.1B Nursing Home Deal

    Health care real estate giant HCP Inc. has reached a $6.1 billion deal to buy up assisted-living facilities managed by private equity firm The Carlyle Group LP.

  • December 13, 2010

    PE Firm Founder Sues Madoff Feeder Fund

    John Patience, founder of private equity firm Crabtree Partners LLC, has filed suit against Tremont Group Holdings Inc., saying that the feeder fund entrusted his $5 million investment to Bernard L. Madoff's firm without conducting the necessary oversight of its operations.

  • December 10, 2010

    Morrison Cohen Reps North Castle In Atkins Sale

    Investment firm North Castle Partners said Friday it had sold off Atkins Nutritional Holdings Inc., creator of the low-carb diet program, to private equity firm Roark Capital Group for an undisclosed sum.

  • December 8, 2010

    Mayer Brown Private Equity Team Jumps To DLA Piper

    DLA Piper has pulled a three-partner team from Mayer Brown LLP to add power to its private equity practice as the global capital markets begin to thaw.

  • December 8, 2010

    Ball To Snap Up Aerocan For €221M

    Ball Corp. revealed plans Wednesday to acquire European aluminum aerosol container manufacturer Aerocan SAS from private equity group Barclays PLC for €221 million ($292 million), a move the company said would broaden its footprint in the metal packaging industry.

  • December 7, 2010

    Carlyle To Snap Up Majority Stake In Claren Road

    Private equity firm The Carlyle Group has reached a deal to acquire a majority stake in hedge fund Claren Road Asset Management LLC, which has approximately $4.5 billion in assets under management. 

  • November 29, 2010

    J.Crew Shareholder Sues To Stop $3B Takeover

    A shareholder of J.Crew Group Inc. has filed a putative class action against the clothing retailer, seeking to stop a $3 billion acquisition by private equity firms TPG Capital and Leonard Green & Partners LP.

  • November 29, 2010

    Skadden Reps Veritas In $525M CPI Deal

    Private equity firm Veritas Capital has announced a plan to buy telecommunications equipment company CPI International Inc. in a deal worth about $525 million.

  • November 23, 2010

    Cravath, Cleary Rep J. Crew in $3B Buyout Deal

    Private equity firms TPG Capital and Leonard Green & Partners LP have reached an agreement to acquire clothing retailer J. Crew Group Inc. in an all-cash deal valued at $3 billion.

  • November 23, 2010

    Dynegy Shareholders Snub Blackstone's $4.7B Bid

    Dynegy Inc. said Tuesday that its shareholders had rejected private equity firm Blackstone Group LP's sweetened offer to snap up the power company for $4.7 billion, opening the door for other buyers to put in takeover bids.