Dry Powder = Shopping Spree = Elephant Hunt: Private Equity Firms Looking For Big Deals

Private equity firms have more money than they know what to do with and may have to start returning it to investors, according to an article in The New York Times last week.


India's Latest Proposed Business Reforms Favorable for Foreign Investors

Last week the Indian government announced that it was increasing the limits for foreign investment in insurance joint ventures, and opening the pension system to foreigners.

Carlyle Exits India HDFC for $831 Million, Doubling Its Investment

The U.S.-based Carlyle Group sold all of its remaining shares in India's HDFC for $831 million on Thursday night, making it the country's fourth larges equity deal for the year, Reuters repored.

China's Services Sector On Upswing According to HSBC PMI: Reuters

In contrast to China's Official National Bureau of Statistics report, the HSBC Purchasing Managers' Index for September showed the country's services sector recovering, Reuters reported today.


Latest News

Mitsubishi UFJ Lease is Buying U.S.-based Jackson Square Aviation from Oaktree Capital Group for approximately $130 billion.
A seven judge panel ruled on Thursday that 41 lawsuits filed in California, Florida and New York against Facebook, NASDAQ and underwriters connected to the social media's IPO in May be heard in New York, Bloomberg reported.
Starbucks' customers who own smartphones (iPhones and Androids) will be able to pay with the Square Wallet mobile device starting early next month.
Ralls Corp., the Chinese-owned company that was blocked by President Obama on Friday from building four wind farms in Northern Oregon, has added President Barack Obama as a defendant in a lawsuit alleging that the government exceeded its authority, The Wall Street Journal reported Tuesday.
China's 7 Days Group Holdings, owner of the country's second largest hotel chain, received a buyout offer to go private last week from a consortium that includes the Carlyle Group, Sequoia Capital China and the company's co-chairmen Boquan He and Nanyan Zheng.
Reuters reports the merger and acquisition deals of the day. (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: Two former top aides to Canadian Prime Minister Stephen Harper said on Thursday he should approve a $15.
The Carlyle Group continues to diversify; announcing yesterday that it would buy a majority stake in New York-based Vermillion Asset Management which will reportedly become its exclusive commodities trading platform.
The Financial Times reported last week that Centerbridge Credit Partners is returning $500 million to investors in its hedge fund and said depressed interest rates caused by the Fed's "easy money" policies are partly to blame.
The largest metals service center in North America, Reliance Steel & Aluminum Co., announced that effective Oct. 1 it had acquired all outstanding limited liability company interests of the privately held Sunbelt Steel Texas, LLC.
A new study released by the Kauffmann Foundation shows an unprecedented drop in the creation of tech start-ups, which it attributes to a stagnating immigrant population.