Sterling Investment Services’ Private Equity News

A decade ago businessman Peter Yates was in New Zealand celebrating his 20th wedding anniversary with wife Susan. They were staying at the Blanket Bay luxury lodge on the outskirts of Queenstown. By coincidence so was Sam Chisholm and his wife Sue.
Posted: June 24, 2017, 12:07 am
LONDON, Jun 23, 2017 (PR Newswire Europe via COMTEX) -- LONDON, June 23, 2017 /PRNewswire/ -- Monaco-based entrepreneur Bjorn Monteine has been reappointed as Chairman for MC Private Equity Union for a term of two years. Mr Monteine brings over 35...
Posted: June 23, 2017, 8:41 am
CNBC's David Faber reports that the Nordstrom family is taking steps to take the company private with a private equity firm. The Wall Street Journal.
Posted: June 22, 2017, 9:51 am
The Nordstrom family is moving ahead with finding a private equity buyer for the Seattle-based department store chain, sources said. A special committee of the board has been formed and bankers, lawyers and an outside public relations firm have be...
Posted: June 22, 2017, 9:48 am
Office products retailer Staples is negotiating a deal to potentially sell itself to a private-equity firm after its previously arranged tie-up with rival Office Depot collapsed, according to a Reuters report. New York-based Sycamore Partners is r...
Posted: June 22, 2017, 5:28 am
STOCKHOLM, June 22 (Reuters) - Swedish private-equity firm Nordic Capital said on Thursday its employees would appeal a ruling by a Swedish court that could lead to top managers in the industry facing a total extra tax bill of around 2.3 billion c...
Posted: June 22, 2017, 3:35 am
As the June 30 deadline approaches for bids for Global Logistic Properties, among Asia’s most valuable private equity deals, almost all of the potential bidders are dropping out. Private equity groups Blackstone, KKR, RRJ and TPG are among those w...
Posted: June 21, 2017, 5:00 pm
Vice Media has secured a $450 million investment from private-equity firm TPG, as the youth-focused digital media company looks to step up its spending on scripted programming and plans a direct-to-consumer service. The deal will give Vice a valua...
Posted: June 20, 2017, 1:44 pm
A weekly roundup of jobs in the private equity industry – from buyout shops to venture capital funds to investment banks. Morgan Stanley is looking to hire a private equity infrastructure analyst. The successful candidate will assist in the execut...
Posted: June 20, 2017, 1:00 am
The private equity market has shown attractive returns for decades, especially in comparison to the public markets. 2016 faired quite well, with funds delivering 6% end-to-end pooled IRR, compared to 4% for the S&P 500. Of course, along with attra...
Posted: June 19, 2017, 4:56 pm
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