Carlyle Group Inc. bought a business that sells harsh chemical cleaning products to put streak-free shines on kitchen appliances and swiftly remove dried paint. Then private-equity executives set about changing the products and even the office lightbulbs. Now the...
Bondholders of struggling airline Virgin Australia have made a last-ditch bid to keep the company out of the hands of private equity firms bidding for the beleaguered business. Virgin Australia entered voluntary administration in April last month owing almost A$7bn to...
KKR has hauled in more than $10bn for its fourth pan-Asian private equity fund, putting it within a whisker of becoming the biggest-ever PE vehicle raised targeting the region. The firm, which is eyeing up to $12.5bn for Asian Fund IV, has taken just seven months to...
Virgin Australia Holdings Ltd (VAH.AX) bondholders lodged a last-ditch recapitalisation proposal for the struggling airline on Wednesday, seeking to recoup more of their investment and stop its sale to a U.S. private equity firm. The proposal, which would keep...
HarbourVest Global Private Equity (HVPE) announced results for the year ended 31 January 2020. NAV per share increase of 14.5% to $27.6 over the 12 months. The company was a net investor over the year, with $324.2m cash invested, compared with distributions of... 