Thursday, 26 March 2015
Last updated 13 min 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.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…