Private Equity/LBO News

Blackstone has agreed a deal that will see it take control of GSO Capital Partners, an alternative asset manager that specialises in leveraged transactions.

Bethesda, Maryland-based American Capital Strategies has revealed that it could repurchase up to a half billion dollars of its common stock, funding the transactions with available... 2008-01-14

PHH, the New Jersey mortgage and leasing company locked in a row with Blackstone over its stalled merger agreement, announced that Blackstone had finally caved and honoured a $50... 2008-01-14

Quite apart from issues surrounding the new Financial Accounting Standards Board regulations, (see "New Accounting Rules”) Wall Street appears to be in agreement that 2008 will... 2007-12-31

The widespread retreat of investment banks from LBO financing may have created an opportunity in the market for Mezzanine funds. More than 32 private equity houses have plans to launch... 2007-12-17

New York Life Capital Partners (NYLCAP) has raised $800 million for its second leveraged buyout fund, exceeding its original target by $200 million.

The Halifax Group will use more debt facilities and its own capital to expand it portfolio company PJ United, the largest franchisee of Papa John's pizzerias, into different geographies.

Beecken Petty O'Keefe acquired Maverick Healthcare after failing twice to buy the home healthcare provider.

Institutional investors in Berkshire Partners salvaged a deal recently after the firm nearly lost out because financing was so hard to come by.

Private equity firms may be able to profit from hedge funds whose venture investments fall apart.