The Abraaj Group, a private-equity company focusing on emerging markets, plans to invest as much as $400 million in Southeast Asian and Indian companies this year.
The private-equity company hired Pandu Sjahrir, previously finance director at coal producer PT Toba Bara Sejahtra, as managing director to be based inJakarta starting April 1.
The Arizona-based private-equity company
led by Jahm Najafi hopes to help the 67-year-old Southern chef to establish new deals and break away from her current business model, which is based on licensing her celebrity image to others, People magazine reported.
The latest news is that Hillenbrand, Inc., Batesville, Ind., agreed to acquire the Coperion Group of Stuttgart, Germany, from a German private-equity company
. Hillenbrand is a global, diversified industrial company.
Investors in a private-equity company
, and their lenders, cannot have their investments placed at the risk of an event involving minority interests, over which they have no control, and which do not materially affect the operation of the business.
Conway has most recently served as senior consultant to private-equity company
TDR Capital and as operating partner to buyout firm Advent International.
[check] Will the private-equity company
make an effort to help liquidate a position if events such as death or divorce require it?
They are also going to come hunting for the outside directors on the company's board, and that is going to include the limited partners of any private-equity company
that leveraged themselves into seats on the board when the private-equity group purchased substantial or controlling interests in the host company and added it to their portfolio.
"The model is that the private-equity company
will buy this business with 10 percent leverage and then exit from it in the next four to five years.
"And that was exactly what happened." Founded in 1989, the private-equity company
manages US$12 billion and has been involved in over 400 buyouts worth a total $50 billion.
Rockwood is owned by private-equity company
Kohlberg Kravis Roberts & Co.
It has been owned by Navis Investment partners, a private-equity company
, since 1999.