welsh - Knowledge Bank Results
Dismal US fundraising figures, CIBC takes over Accenture venture portfolio, Calpers reports losses on private equity investments, Apax merges US and European operations…
US firms Blackstone Partners, Liberty Media and Apollo are to link up to bid for struggling Deutsche Telekom's cable TV business, according to the Financial Times. The consortium is the only one of the six on the shortlist to include a media group.
US buy-out groups The Carlyle Group and Welsh Carson Anderson & Stowe have agreed the purchase of telecoms firm Qwest's directories business, bringing to an end a protracted auction process. At $7.05bn the deal is one of the largest private equity transactions of all time.
Wesley Clover targets India, South Korea experiences VC dip and Taiwan sets up a leveraged buy-out fund.
Calpers loses chief investment officer, Steingraber appointed new non-executive director at 3i and Myners relinquishes Gartmore chairmanship….
MTS Health Partners, a US-based merchant bank specialising in healthcare investments, has announced the first closing of its fund at $110m. It has also named Andrew M. Paul, a former senior partner at Welsh Carson Anderson and Stowe, as chairman.