Carlyle’s Acosta Files Bankruptcy as Marketing Budgets Wane

Carlyle’s Acosta Files Bankruptcy as Marketing Budgets Wane

Acosta Inc., the marketing firm owned by Carlyle Group LP, has gone bankrupt after big consumer-product firms decided to do more of the work themselves to keep up with changing consumer tastes. The company filed for Chapter 11 bankruptcy in Wilmington, Delaware, with...
Private Equity Buys $101 Billion of European Businesses

Private Equity Buys $101 Billion of European Businesses

European equities’ cheap valuations have turned the region into a honeypot for private-equity and arbitrage funds looking to reap double-digit returns. With the buyout firms enjoying a massive amount of dry powder, especially with interest rates this low, the trend is...
MBK Partners Seeks Up to $6.5 Billion for Fifth Fund

MBK Partners Seeks Up to $6.5 Billion for Fifth Fund

One of the largest homegrown Asian private equity firms is marketing a new buyout fund to invest in Korea, Japan and China.   One of the largest homegrown Asian private equity firms is marketing a new buyout fund to invest in Korea, Japan and China. MBK Partners,...