Private Equity >>>
Kinetic Concepts plans to buy back $112 million of bonds due 2019 when it has excess cash provided that the debt trades at an attractive price, said Nathan Speicher, the issuer’s vice president of investor relations and treasury. Click HERE for more.
The Ohio Police & Fire Pension Fund is boosting its holdings of high-yield debt, including floating-rate bank loans, while reducing equities to limit volatility. Click HERE for more.
Central European Media Enterprises may skip a chance to refinance 273 million euros ($365 million) of 11.625 percent bonds due September 2016 that lost make-whole protection this week after a ratings cut by Moody’s. Click HERE for more.
Kratos Defense & Security Solutions may refinance a $625 million bond early, triggering a $45 million prepayment penalty, to take advantage of low interest rates. Click Here For More
Grupo BTG Pactual, the investment bank controlled by billionaire Andre Esteves, is seeking $1.5 billion for its next private-equity fund that will purchase stakes in Brazilian companies, according to two people familiar with the situation. To read more, click here.
American Capital Ltd., a listed asset management company, is shopping about $1 billion of direct private-equity stakes in companies, according to two people familiar with the situation. To read more, click here.
Lindsay Goldberg is talking to existing investors about its next buyout fund that will seek $4 billion, according to three people familiar with the situation. To read more, click here.
I Squared Capital LLC, led by former executives of Morgan Stanley’s infrastructure arm, is seeking $2 billion for a debut global infrastructure fund, according to a person familiar with the situation. To continue reading, click here.
By Bradley Keoun and Sabrina Willmer Melody Capital Partners, co-founded by the former global head of UBS AG’s special situation group, is seeking $500 million for a fund that will make senior secured loans in North America and Western Europe, according to an investor presentation obtained by Bloomberg News. The fund, which has both private [...]
By Sabrina Willmer Billionaire investor T. Boone Pickens, Jr. is seeking $500 million for a private-equity fund that will make natural gas investments, according to two people familiar with the situation. BP Natural Gas Opportunity Partners LP will use a hybrid strategy of making both supplyside investments in natural gas resources and demand-side investments around [...]