Suzanne Weinstock
The publicly-listed asset manager is the latest private equity firm looking to take advantage of the ‘significant dislocation in the secondary mortgage market’ with the purchase of a minority stake in Bayview Asset Management.
The Sowood Capital spin-out has agreed to invest in Vulcan Power Company to fund the development of geothermal energy properties. Denham is currently investing its first independently raised fund which closed on $2 billion in May.
The global investment bank has reportedly raised $10bn to provide senior debt for private equity deals. In combination with the firm’s $20bn mezzanine fund, Goldman now has the ability to independently finance leveraged buyout of substantial size.
The Silicon Valley-based venture firms have signed on to lead a funding round for Zynga. Recent Kleiner Perkins hire and founding employee of gaming company Electronic Arts, Bing Gordon, will join Zynga’s board.
The public pension looks to alternatives to drive returns, ploughing $825m into private equity, real estate and hedge funds.
The driver of the Blackstone IPO has ended his tenure with Citi after 23 years, despite $19.3m in deferred cash and stock compensation he has left bringing with him a golden Rolodex and deep knowledge and contacts within private equity.
The Washington-DC based private equity firm has acquired half of a shipbuilding company in the increasingly popular destination for private equity investment. Carlyle’s entrance into Turkey follows firms such as TPG, KKR and BC Partners.
In a move to expand its offerings, the mega-buyout firm has hired TCW Group president William Sonneborn to develop traditional asset management lines such as public equity funds.
The venture investors have co-led the funding round for Germany’s Sulfercell, which will support the construction of a manufacturing facility. The investment is the first for CCC’s €200m private equity fund.
The former head of Carlyle’s North American industrial buyouts group, Jay Powell, will apply his experience to the North American cleantech sector; GEF’s Clean Technology Fund II is targeting $350m.