Newspaper headlines have skewered money lenders for dubious decisions that stoked the recession. Now the financiers are starting to headline newspapers in a new way — as the owners.
These newspaper novices are taking control through bankruptcy proceedings and giving few clues about their turnaround plans. Their decisions will be crucial because this new age [...]

The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets today. Stock symbols are in parentheses and prices are from the last market close.
Click here to read the full article

Greenspark Power Holdings Ltd., which is jointly owned by entities advised by private equity group Pacific Equity Partners, said Monday it has offered A$431 million …
Click here to read the full article
– requires subscription

LGT Capital Partners plans to list its Castle Private Equity fund, a Swiss investment company, on the London Stock Exchange in February.
The trust invests globally in a range of strategies including distressed assets, initial public offerings, leveraged and management buy-outs, and venture capital. It is managed by Hans Markvoort.
Click here to read the [...]

As the global financial crisis begins to show signs of a recovery, there has never been a more important time for industry titans to share insight into how private capital will lead the revitalization of the global economy. Thunderbird is pleased to host the 6th Annual Global Private Equity Investing Conference on April 8-9, 2010 [...]

The European private equity and hedge fund industry breathes a sigh of relief today, after EU proposals to curb pay in the sector were watered down, according to a report in the Telegraph. The idea was introduced just two weeks ago by Sweden, which currently holds the EU’s rotating presidency.
The old version was of particular [...]

The companies that first braved the 2008-vintage IPO freeze tended to be in safe sectors like education, but the markets have opened up somewhat, and one new filer is not in a defensive category, and isn’t profitable, but is seeing signs of improvement.
Sensata Technologies BV filed for an initial public offering of up to $500 [...]

Private equity(PE) could soon be rechristened ‘change capital’ or ‘value-added equity’. Expressing these views at a recent conference, David Rubenstein, co-founder of Carlyle Group, believes that going forward, “investments will be smaller and less frequent, equity levels put into deals will rise, debt will be more expensive than before and holding periods will also rise.
Click [...]

US private equity firm Apollo has acquired listed energy company Parallel Petroleum in a take-private worth $483m. The deal value is reportedly made up of $351m of debt and $132m of equity. All outstanding shares in the company are to be purchased by Apollo for $3.15 a share.

Click here to read the full article

Australian authorities have slapped U.S. private equity firm TPG with a bill for 678 million Australian dollars ($629 million) in taxes and penalties, a move that is sending chills down the spines of foreign investors.
The tax bill is linked to TPG’s Oct. 29 sale of its stake in Australian retailer Myer Holdings Ltd., from which [...]