Tag Archives: cvc-capital-partners
Credit Crunch Rocks Bain, as Funds Fall Up to 50%
Wall Street Journal – Some high-profile Bain Capital credit-investment funds are choking on losses of as much as 50%, said people familiar with the matter, the latest revelation in a day of shake-ups across the hedge-fund business. The private-equity firm’s […]
Third-Quarter 2008 Asset Manager M&A Activity Climbs Amid Financial Crisis, According to Jefferies Putnam Lovell
NEW YORK – Deals involving asset managers rose in the July to September 2008 period, with the global credit crunch as the backdrop for a jump in divestitures to almost 40% of total sales, up from 23% a year earlier, […]
Two equity firms buy Lehman’s money management unit
International Herald Tribune – Lehman Brothers said Monday that it would sell for $2.15 billion much of its money management business, including its prized Neuberger Berman asset management unit, to Bain Capital and Hellman & Friedman. The sale of the business, […]
