::Eureka Private Equity::

Private equity giant Blackstone Group plunged into an unprecedented third-quarter loss after the financial crisis hammered its portfolio of... (source)

Dealmaker is aiming high to tap Middle East wealth
Roger Blitz - Financial Times- 07 November 2008

Yorkshire-born Amanda Staveley is about to gain official residency status in Dubai, putting the seal on a symbiotic relationship with... (source)

China lets insurers invest in non-listed firms
Reuters- 07 November 2008

China's cabinet has given approval for insurers to buy equity in private firms in an effort to widen their investment... (source)

Goodwin Procter targets private equity work with opening of Hong Kong office
Private Equity Wire- 07 November 2008

Boston-based law firm Goodwin Procter has announced it will open an office in Hong Kong, focusing on private equity, venture... (source)

Independent's APN stake sale a tough deal
Denny Thomas - Reuters- 07 November 2008

Independent News & Media plc's likely A$555 million ($370 million) sale of its APN News & Media Ltd stake is... (source)

Make or break for PE managers
Michael Hobbs - Financial Standard- 06 November 2008

Private equity managers will have to front up more of their own capital to finance new deals as funding in... (source)

Monier Group takes first steps towards restructure as fears of debt breach grow
Helen Power - Times Online- 06 November 2008

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KAMCO announces Private Equity Fund dividends
AME info- 06 November 2008

KIPCO Asset Management Company, the fund manager of Kuwait Private Equity Opportunities Fund, announced today that the Fund distributed cash... (source)

Wells Fargo to raise $10 billion to fund Wachovia deal
Jonathan Stempel - Reuters- 06 November 2008

Wells Fargo & Co said on Wednesday it plans to sell at least $10 billion of stock to help fund... (source)

Hexion could face steep risks in Huntsman bid
Michael Erman - Reuters- 06 November 2008

As Apollo Management's options dwindle in its struggle over the acquisition of Huntsman Corp, the private equity firm would benefit... (source)

Molson Coors takes interest in Australia's Foster's
Reuters- 06 November 2008

North American brewer Molson Coors Brewing Co has emerged as the holder of a minority interest in Foster's Group Ltd,... (source)

Cerberus may shift GMAC stake to investors to get bank status
Zachary R Mider, Jonathan Keehner & Jason Kelly - Bloomberg- 06 November 2008

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Standard Bank says long-term fundamentals strong for emerging markets private equity
Private Equity Wire- 06 November 2008

South Africa-based Standard Bank says the long-term fundamentals of emerging markets private equity remain strong, offering tremendous growth prospects generally,... (source)

Cognetas hires David Pusinelli as senior adviser
Private Equity Wire- 06 November 2008

Cognetas, an independent mid-market European private equity firm that spun out from Electra Partners in 2005, has announced the appointment... (source)

Israel and California are clean tech dreaming
Karin Kloosterman - Israel21c- 06 November 2008

Israel is proving that it's positioned well in the world's burgeoning cleantech market. Now, Californian companies, government and investors want... (source)

EU finance ministers to present regulatory plan to G20 summit
Gary Duncan & Sam Coates - Times Online- 05 November 2008

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Private equity makes move on ADERANT
Renu Prasad - ALB- 05 November 2008

Software and solutions provider ADERANT must have ticked a few boxes with California-based private equity firm Vista, with the latter... (source)

Herkules shows its strength
Martin Arnold - Financial Times- 05 November 2008

Herkules Capital will today cement its place as Norway’s biggest private equity investor by raising more than NKr6bn ($899m) for... (source)

Private funds escape refinancing
Nick Rice - Financial Times- 05 November 2008

Lines of bank credit have become less available for alternative asset managers, resulting in margin calls or outright withdrawal of... (source)

Dominion buys tanks supplier
Scotsman- 05 November 2008

Funded by Graphite Capital, a private equity firm and RBS, Dominion Gas, the Aberdeen-based oil field services firm, has bought... (source)

Finance giant Allco placed in administration
James Thomson - Smart Company- 05 November 2008

High-flying finance giant Allco Finance Group has finally collapsed under the weight of $1.1 billon in... (source)

UBS to launch infra fund next year
Michael Hobbs - Financial Standard- 05 November 2008

UBS Global Asset Management plans to launch another international infrastructure fund next year after successfully closing its $2.1 billion International... (source)

Global crisis hits Gulf investments in region
Gulf Daily News- 05 November 2008

Middle Eastern economies reliant on Gulf capital inflows for booming economic growth are seeing a drop in... (source)

Carlyle warns investors to expect 'very few' distributions or deals
Henny Sender - Financial Times- 05 November 2008

Carlyle Group, the private equity firm, has warned its investors that they are unlikely to see returns on their money... (source)

PCCW to pay Li, network $2.3 billion if buyout is completed
Mark Lee - Bloomberg- 05 November 2008

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Management briefing: the politics of buyouts
Carly Chynoweth - Times Online- 04 November 2008

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IPOs sink without trace in 3Q amid uncertainty
Zhou Yan - China Daily- 04 November 2008

With share prices and investor confidence taking a nosedive, initial public offerings (IPOs) have disappeared off the radar, with no... (source)

Private equity giant KKR postpones plans for listing in New York
Mathieu Robbins - The Independent- 04 November 2008

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Reservoir's dogged expansion
Scotsman- 04 November 2008

Reservoir Group, the private equity-backed oil services firm, has completed its fifth deal in six... (source)

Investor group will not be sold, says its chief
Martin Arnold - Financial Times- 04 November 2008

The head of CDC Group, the state-owned private equity investor in emerging markets, said yesterday the government had ruled out... (source)

Private equity offers to buy Asciano notes-paper
Reuters- 04 November 2008

Private equity firms TPG and Global Infrastructure Partners have offered to buy more than A$1 billion ($680 million) of convertible... (source)

Asia Alternatives raises $950 mln for second fund
Reuters- 04 November 2008

Asia Alternatives, one of the region's largest private equity funds that specialises in investing in other funds, said on Tuesday... (source)

Deals show the city centre office market is strong
David Thame - Manchester Evening News- 04 November 2008

A Japanese insurance giant has signed up for new Manchester offices as deals to financiers and professionals show Manchester defying... (source)

Abraaj Capital eyes $2 billion of deals in 2009
Reuters- 04 November 2008

Private equity firm Abraaj Capital sees $2 billion worth of deals in 2009 as it looks to benefit from lower... (source)

Venture capitalists mull bids for surging Air Energi
Kevin Feddy - Manchester Evening News- 04 November 2008

Private equity firms are circling a £100m-turnover Manchester business which recruits specialists for oil and gas giants... (source)

PE exec to help UAW on potential GM/Chrysler deal-source
Megan Davies - Reuters- 03 November 2008

Stephen Girsky, a veteran auto-industry analyst and private equity executive, is working with the United Auto Workers union with regards... (source)

Risky bet?
Wang Xing - China Daily- 03 November 2008

7 Days Inn Group, one of China's largest budget hotel chains received $65 million from private equity investors Actis and... (source)

Towergate looks for fresh capital
Financial Times- 03 November 2008

Towergate, the insurance broker, is expected to seek fresh private equity capital next year. People close to the situation insisted that... (source)

Turning ideas into viable ventures
Suraj Raj - The Star Online- 03 November 2008

Budding entrepreneurs and inventors need to be more business savvy if they are to successfully transform technology-related ideas into commercially... (source)

Brait rolls up sleeves for future investment
Mzwandile Jacks - Business Report- 03 November 2008

Brait South Africa, the stalwart of the country's private equity industry, would increase its acquisitions and investment momentum in infrastructure... (source)

Carlyle raises €530m for new fund
Martin Arnold - Financial Times- 03 November 2008

The Carlyle Group will on Monday say it has raised €530m ($673m) for small buy-outs of European technology companies, showing... (source)

Stores must up their game to beat recession
Marcus Leroux - Times Online- 03 November 2008

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Voyage Care seeks LSE float
John O’Doherty - Financial Times- 03 November 2008

Voyage Care, the privately-owned care home operator, is aiming to float on the London Stock Exchange in the new year... (source)

Tenaska Capital Management raises USD2.4bn for second energy investment fund
Private Equity Wire- 03 November 2008

Omaha, Nebraska-based Tenaska Capital Management has announced the final closing of Tenaska Power Fund II with more than USD2.4bn in... (source)

UBS says infrastructure fund raises $1.5 billion
Reuters- 03 November 2008

UBS AG said on Monday its new infrastructure fund raised a higher-than-expected $1.5 billion, with investors attracted by the prospect... (source)

In playing politics to win a battle, Mayor risks his image
Michael Barbaro - The New York Times- 02 November 2008

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Venture capital trusts could struggle to survive, says study
Simon Evans - The Independent- 02 November 2008

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Scottish start-ups could face funding gap
Andrew Bolger - Financial Times- 02 November 2008

Scotland could be facing the re-emergence of an equity funding gap for smaller start-up companies as angel investors increasingly consolidate... (source)

Former athletes who were both going for gold
guardian.co.uk- 01 November 2008

Roger Jenkins, a former international athlete, is the Barclays executive who brokered the new investments from the Middle East, who... (source)

Chrysler halts Renault-Nissan talks, favors GM-paper
Reuters- 01 November 2008

Talks on a deal to sell Chrysler LLC to Nissan Motor Co and Renault SA have halted because the No.... (source)