Finance

http://s.erious.ly

Author Archive

Versa To Reduce Avenue’s Store Count To Around 300

Plus-size retailer Avenue, which was acquired by Versa Capital out of Chapter 11 bankruptcy protection last month for $32 million, will reduce its footprint to "slightly above 300" stores from the current 415 to 420 locations.

Lobby Group Pushes Regulators To Amend FATCA

The Private Equity Growth Capital Council is urging changes to the Foreign Account Tax Compliance Act.

Buffett Rule Fails But Spurs Deal Activity

Although the block of the so-called Buffett Rule may give investors and sellers some breathing room, many private equity professionals are making deals as if a tax rise may still be on the table.

Beer Pong Aficionados, Don’t Fret: $1B Dart-Solo Deal Won’t Disrupt Party Cups

Associated Press/Henrietta Wildsmith
Dart Container Corp. has agreed to buy Solo Cup Co. in a $1 billion deal, but frats and sororities across the country need not worry, as the infamous plastic party cup will likely remain a fixture on beer-drenched tables everywhere.

Irving Place Capital Keeps Busy With Industrial Deals

Irving Place Capital's Doug Korn sees increased PE activity in the industrial sector.

Kids Are The Ultimate Winners At Annual PE Vs. Hedge Fund Basketball Game

Private equity loses yet again to hedge funds in Youth I.N.C.'s Annual Net Gain Tournament.

Private Equity’s Lobbying Group Goes Viral To Stem Attacks

The Private Equity Growth Capital Council turns to YouTube to get its message out.

Buyout Pros Contemplate An Industry ‘Under The Glare’ During Romney Campaign

At a conference, private equity executives express concern about the attacks on the industry but think there's an opportunity for image-reshaping.

PE’s Theme For 2012? Cautious Optimism

Buyout professionals who weathered the financial ups and downs of 2011 are somewhat hopeful markets will improve for the industry but conceded 2012 will be a difficult year.

Need A Paternity Test? Maury Povich Approves Of This Company

A private equity-backed leader in DNA paternity testing announces an acquisition.

As Kodak Takes One Small Step Back From Space Race, Platinum Invests

Platinum Equity buys Eastman Kodak's Image Sensor Solutions business.

Warburg Says Asia LPs Want To Put More Into Private Equity

Joseph Landy, Warburg Pincus co-president, has been spending a bit of time in Asia.