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Private equity deals
Apollo Investment Corp. is nearing a $500 million deal to acquire healthcare lender MidCap Financial, according to Bloomberg. MidCap was launched in 2008 with a $500 million equity commitments from Lee...
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Exclusive: Credit Suisse rejected potential PE unit buyers
Credit Suisse is still trying to sell one of its private equity units. Maybe because it told several interested parties not to bother bidding. FORTUNE -- It has been nearly one year since Credit Suisse...
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Rhode Island's gun investment dilemma
Rhode Island's public pension system has to make a decision on a legacy firearms investment. FORTUNE -- Later this month the Rhode Island State Investment Commission will hold its regular monthly...
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Exclusive: Blackstone fundraising director quits
John Dionne stepping down from Blackstone. FORTUNE -- John Dionne is stepping down as a senior managing director of private equity investor relations and business development for The Blackstone Group,...
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Private equity deals
Agilitas has acquired ISS Damage Control, a provider of damage control, rebuilding and emergency response services in Scandinavian properties, from ISS Group for an undisclosed...
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Private equity deals
Boulder Capital has acquired Accutest Laboratories, a Dayton, N.J.-based provider of environmental testing services. No financial terms were disclosed, except for a $35 million unitranche credit...
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Private equity deals
First Reserve has committed up to $500 million for the formation of Century Midstream LLC, a new midstream energy company focused on emerging liquids and liquids-rich shale plays in North America. The...
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Does Carlyle have a Booz Allen problem?
Carlyle has made lots of money on Booz Allen, but the NSA scandal could tamp down future returns. FORTUNE -- The Carlyle Group has gotten all sorts of unwanted attention this week, as majority...
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Exclusive: TPG buys half of CCC Information Services
Private equity firm quietly partners on half-billion dollar deal. FORTUNE -- Private equity firm Leonard Green announced in January that it had paid more than $500 million to acquire CCC Information...
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Exclusive: UBS loses senior private equity exec
Nigel Dawn leaving at the end of July. FORTUNE -- Nigel Dawn has stepped down as a managing director with UBS, where he is co-head of the investment bank's private funds group and head of its private...
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Private equity deals
MidOcean Partners has agreed to acquire Water Pik, a Fort Collins, Colo.-based provider of personal and oral healthcare products, according to peHUB. The seller would be EG Capital, which retained...
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Ben Bernanke threatens private equity
Private equity's refinancing 'fun' may be coming to an end. FORTUNE -- Some potentially seismic news for the private equity market yesterday, as Yankee Candle canceled a $950 million debt refinancing...
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Saving American Standard
Why Sun Capital didn't take a bath on American Standard. FORTUNE -- Private equity firm Sun Capital Partners last week agreed to sell kitchen and bath company American Standard Brands to Japan's LIXIL...
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Banks balk at Icahn's Dell deal
Carl Icahn really wants to buy Dell. But it's not going to happen. FORTUNE -- I believe that Carl Icahn sincerely wants to buy Dell Inc. Maybe not always, but by now he really has talked himself into...
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Private equity deals
The Carlyle Group has acquired Chesapeake, a British provider of paper-based packaging for the pharma, confectionary and beverage markets, from Irving Place Capital and Oaktree Capital Management. No...
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What if Carl Icahn wins Dell?
Even if Michael Dell loses in the short-term, he could win in the long-term. FORTUNE -- Carl Icahn yesterday laid out the details of his $5.2 billion in debt financing for Dell Inc. tender offer. Turns...
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Michael Dell's deal gets big endorsement
Shareholder advisory firm ISS favors Michael Dell's buyout offer. FORTUNE -- Dell Inc. (DELL) shareholders should accept a $13.65 per share buyout offer from company founder Michael Dell and private...
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Private equity deals
TPG Capital has agreed to acquire TSL Education, a London-based educational publisher, fromCharterhouse Capital Partners. The deal is expected to close later this quarter. No financial terms were...
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Exclusive: SecondMarket gets a second life
General solicitation is coming, and that means big things for SecondMarket. FORTUNE -- The Securities & Exchange Commission this morning will vote on a proposed rule that would permit general...
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Hedge funds can now advertise. What it really means.
The SEC today voted to let hedge funds and others "generally solicit." What does that mean? FORTUNE -- The Securities and Exchange Commission today voted 4-1 to end a decades-old ban on "general...
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