Private Equity

The fourth quarter wasn't kind to Kohlberg Kravis Roberts.

TPG Capital's $800 million deal for hedge fund administrator GlobeOp Financial Services may not be a sure thing.

The Carlyle Group has abandoned its attempt to ban shareholders from filing class-action lawsuits.

TPG Capital will pay for about one-third of hedge fund administrator GlobeOp Financial Services with debt.

Four years ago, hedge fund managers helped finance President Barack Obama's victorious run for the White House. Now, they're lining up to ensure he doesn't make another.

The Blackstone Group said today its fourth-quarter profit dropped by 12%.

Merrill Lynch & Co. vet Victor Khosla’s Strategic Value Partners has closed its Strategic Value Special Situations Fund II at $918 million.

According to an SVP statement, the new fund will follow the same strategy as its predecessor, SVSS I, investing in “distressed and deep value corporate opportunities in the middle-market, and by exerting material influence, both during and after restructuring.”

Clyde Blowers Capital has completed fundraising for its latest private equity investment vehicle, the Clyde Blowers Capital Fund III.

Goldman Sachs' private equity fund of hedge funds has consoled itself over Lee Robinson's departure from Trafalgar Asset Management by taking a stake in his new hedge fund.

TPG Capital has agreed to buy hedge fund administrator GlobeOp Financial Services.