Exclusive: Bain nears $3 billion fundraising close - sources
NEW YORK - Bain Capital LLC is close to securing commitments from investors for about half the $6 billion target for its latest private equity fund, two people familiar with the matter said on Monday.
bain capital
billion
commitment
equity
exclusive
llc
york
Found 1 month ago on channel
Reuters
Exclusive: Apax, Morgan Stanley look to sell Hub - sources
NEW YORK - Buyout firm Apax Partners and Morgan Stanley's private equity arm are exploring a sale of Chicago-based insurance brokerage Hub International that could be valued at around $2 billion, two people familiar with the matter said this week.
apax
billion
chicago-based
equity
exclusive
insurance
international
morgan stanley
partners
york
Found 1 month ago on channel
Reuters
Stocks Rise Sharply, Led by Gains in Technology
(NEW YORK) — Technology stocks roared back Wednesday, driving the Standard & Poor’s 500 and Dow Jones industrial average to record highs. The industry has lagged the broader market this year, but surged after network communication company Adtran reported earnings that were double what Wall Street analysts expected. That boosted optimism that businesses will increase spending on technology equipment. Chipmakers Micron and Intel jumped, as did other network equipment makers like Cisco and JDS Uniphase. Stocks were also up on an optimistic reading of the Federal Reserve Bank’s latest minutes. Technology stocks rose 1.8 percent, the most of the 10 industry groups in the S&P. That’s a big change from tech’s weak performance this year. The group is up just 4.7 percent, trailing the S&P’s gain of 11.3 percent. “Tech has performed so poorly, it’s oversold and warrants some interest here,” said Scott Wren, a senior equity strategist at Wells Fargo Advisors. “If the economy ...
adtran
advisors
brian
business
cetera
chipmakers
cisco
communications
confidence
dow jones
equipment
equity
fargo
fed
federal reserve
gendreau
group
intel
jds
micron
nasdaq
optimism
performance
policy
scott
standard
strategists
street
technology
uniphase
wall
wells
wren
york
Exclusive: Thermo bids for Life Technologies as buyout firms circle - source
NEW YORK - Thermo Fisher Scientific Inc made a binding offer for Life Technologies Corp on Tuesday as private equity firms raced to finalize a consortium to take the genetic testing equipment maker private, several people familiar with the matter said.
corp
equipment
equity
exclusive
fisher
scientific
technology
thermo
york
Found 1 month ago on channel
Reuters
Exclusive: TPG, Madison Dearborn final bidders for NFP - sources
NEW YORK - Private equity firms TPG Capital and Madison Dearborn Partners are the two finalists bidding for National Financial Partners , a New York-based wealth management company with a market value of nearly $900 million, people familiar with the matter said.
capital
dearborn
equity
exclusive
finalists
madison
management
million
national
nfp
partners
tpg
york
york-based
Found 1 month ago on channel
Reuters