Monday, 30 November 2015
Last updated 2 days ago
Oct 3 2013 | 3:19am ET
As President Barack Obama's signature healthcare policy bore its first fruit this week, Kohlberg Kravis Roberts solidified its dominance of the healthcare buyout market this year.
KKR announced Friday that it had struck a $1.7 billion deal for Panasonic Corp.'s healthcare unit. Combined with its $1.3 billion purchase of PRA International in June, the firm's two deals account for nearly half of the $6.41 billion in private-equity-backed healthcare acquisitions this year.
KKR could put even further distance between itself and the field if its bid for Johnson & Johnson's Ortho Clinical Diagnostics is successful; The Wall Street Journal reports that the business could fetch $5 billion.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…