Entergy Corp., which runs the 2,000-megawatt Indian Point nuclear plant, and a utility workers' union concerned about potential use of nonunion labor came out swinging Friday against Blackstone Group LP's proposed $2 billion Canada-to-New York City power line.
A Texas federal judge on Friday approved a settlement in a suit that sought to compel Highland Capital Management LP to produce documents in a separate, sprawling fraud case involving a $560 million loan to a bankrupt Las Vegas resort venture.
Leading private equity and distressed debt investment firm Oaktree Capital Group LLC announced plans to go public, filing an initial public offering on Friday indicating its plans to sell more than 10 million of its shares to raise up to $595 million before fees.
A New York federal judge on Thursday trimmed but kept alive a suit brought by corporate financier Goodrich Capital LLC alleging private equity firm Vector Capital Corp. ignored a nondisclosure agreement by using proprietary information in its takeover of a cash security firm.
The proposed Volcker rule restricting banks’ speculative trading has the potential to sap energy development, increase electricity and gasoline costs, and put hundreds of thousands of people out of work, according to a Morgan Stanley-commissioned report released Wednesday.
With Congress passing the JOBS Act earlier this week, hedge funds and private equity firms soon could start advertising to the general public for the first time, pulling them out of the shadows of the financial world, attorneys say.
Sheppard Mullin Richter & Hampton LLP fortified its California real estate and energy practices with the addition of a McKenna Long & Aldridge LLP transactional ace who has a background in private equity, Sheppard Mullin announced Thursday.
The U.S. Securities and Exchange Commission has taken in applications for registration from about 1,300 hedge and private equity funds since Jan. 1, hundreds more than originally expected, an SEC spokeswoman said Thursday.
IFG Group's board of directors has approved the £70 million ($111.4 million) sale of the company's international division to AnaCap Financial Partners II LP, IFG announced Thursday.
Solar power provider SunEdison said Thursday it had reached a €155 million ($205.8 million) financing agreement with a consortium of public and private global development investors for its 60.4-megawatt solar plant in Bulgaria.
An Archipelago Learning Inc. stockholder filed a class action Wednesday accusing the educational software maker's CEO and private equity investors of being conflicted and failing to protect minority stakeholders in Archipelago's proposed $291 million sale to Plato Learning Inc.
A fund managed by buyout firm Cerberus Capital Management LP has agreed to sell the Asian operations of an employment agency to the current management team, which is being backed by private equity firm CVC Capital Partners LP, Cerberus announced Wednesday.
A collection of six measures meant to help U.S. businesses access capital more easily is headed to the president's desk after passing the U.S. House of Representatives on Wednesday, but not without beefed-up restrictions aimed at protecting investors from fraud.
CVR Energy Inc. told investors Wednesday that its stock was performing well, combating repeated assertions to the contrary from mogul Carl Icahn, who has launched a $2.6 billion hostile takeover of the company on the premise that it is struggling and ripe for acquisition.
Hedge fund manager Highland Capital Management LP must face allegations that it blocked Barclays Bank PLC's attempts to cash in a complex derivative transaction during the financial turmoil of 2008, a New York state judge ruled Tuesday.
Symphony Technology Group has raised a new $870 million fund to further invest in software and other technology companies, it said Tuesday, in the midst of a mergers and acquisitions streak for the California private equity firm's portfolio members.
Private equity giant Blackstone Group LP has raised a $4 billion second mezzanine fund, it said Wednesday, beating an early $3 billion target and closing the biggest subordinated debt fund since the financial crisis in 2008.
A putative shareholder class action filed Tuesday by a union pension fund seeks to block private equity group Insight Venture Partners LP's $2 billion acquisition of database applications maker Quest Software Inc., saying Quest is worth more than Insight has offered.
New York legislative leaders reached a deal Tuesday on a $132.6 billion state budget that aspires to boost infrastructure fixes and private investment in energy projects but has no room for a health insurance exchange, which will be created by executive order, or a study on environmental risks of hydraulic fracturing.
NetJets Inc., a private jet group ownership company that is part of Warren Buffett's Berkshire Hathaway Inc. portfolio, has broken into the Asian aviation market through a joint venture with two Chinese private equity firms, the company announced Monday.