Sterling Investment Services’ Private Equity News

While shoppers won’t walk into a Limited store again, the brand may not be gone for good. New Albany-based Limited Stores LLC, after shuttering its 250 stores this month, including all of its Central Florida locations, followed by filing for Chapt...
Posted: January 19, 2017, 10:13 am
American private equity firms were once viewed as “vultures” by Japanese conglomerates, which regularly spurned foreigners' advances. That's changed dramatically as private equity firms lead a wave of M&A activity in Japan, the latest deal being K...
Posted: January 19, 2017, 9:37 am
There's not just Wilbur Ross who will serve as Commerce Secretary, but also Blackstone (NYSE:BX) CEO Steve Schwarzman who will chair the President’s Strategic and Policy Forum, and attorney Jay Clayton - who has advised on numerous major P-E deals...
Posted: January 19, 2017, 9:05 am
London-based Tenzing Private Equity, a mid-market private equity firm, has raised 200 million pounds at a hard cap for its oversubscribed debut fund. The target was 150 million pounds. Tenzing Private Equity I LP will focus on making investments b...
Posted: January 19, 2017, 8:11 am
In 2009, Steven Mnuchin and a handful of other wealthy investors bought the assets of IndyMac, a failed Pasadena savings and loan, and renamed it OneWest Bank. By the time they sold the institution six years later, it was unrecognizable, a wholly ...
Posted: January 19, 2017, 7:31 am
NEW YORK, Jan. 19, 2017 /PRNewswire/ -- GenNx360 Capital Partners, a New York-based private equity firm investing in middle market industrial manufacturing and business services companies, is pleased to announce that Daphne Dufresne has joined the...
Posted: January 19, 2017, 6:18 am
Private equity has the President-elect on speed dial. That may benefit the $2.5 trillion industry as several key issues are put in play. Wilbur Ross, who made his private equity fortune restructuring bankrupt companies, will as Commerce secretary ...
Posted: January 19, 2017, 3:10 am
* World's largest pension fund invests only a fraction in PE * GPIF to hire consultant, fund managers in coming months * Could also soon start investing in real estate By Elzio Barreto HONG KONG, Jan 19 (Reuters) - Japan's GPIF, the world's larges...
Posted: January 18, 2017, 10:31 pm
Ridgemont Equity Partners is acquiring trucking brokerage Worldwide Express and combining it with its Unishippers Global Logistics business, creating one of the largest third-party logistics providers in the U.S., with more than $1 billion in annu...
Posted: January 18, 2017, 12:16 pm
Stephen Pagliuca, Bain Capital, discusses the benefits of private equity and where he is seeing investment opportunities. Trade only responsible for 2 job losses out of 10: WTO Director-General
Posted: January 18, 2017, 3:39 am
Sterling Logo