Stock Market & Financial Investment News

News Breaks October 11, 2012 06:45 EDT BX, CG, KKR Top buyout firms allegedly agreed not to compete, Bloomberg reports Buyout firms that include Blackstone Group (BX), KKR & Co. (KKR), Bain Capital Partners and Carlyle Group (CG) allegedly assured each other in e-mails from top executives that they wouldn’t compete on deals to avoid driving up prices and angering competitors, according to a now public court complaint, reports Bloomberg. The correspondence was cited as evidence that the firms rigged bids in 19 leveraged buyouts and eight other transactions, according to the amended complaint unsealed yesterday by a federal judge in Boston. Reference Link News For BX;KKR;CG From The Last 14 Days Check below for free stories on BX;KKR;CG the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | all recent news | >> June 18, 2013 10:49 EDT KKR, BX Siemens seeks private equity offers for Nokia Siemens Networks, Reuters says Subscribe for More Information June 17, 2013 19:54 EDT CG Carlyle Group COO buys $4M in secondary, Barron's says Subscribe for More Information June 14, 2013 10:39 EDT CG Firms looking to take HD Supply public at lower valuation, NY Times says Subscribe for More Information 07:23 EDT KKR, BX Siemens considers deal for Nokia Siemens, WSJ reports Subscribe for More Information 07:02 EDT CG Carlyle, AlpInvest to manage $155M fund for INPRS The Carlyle Group announced that the Indiana Public Retirement System, INPRS, has selected Carlyle and AlpInvest Partners to manage an existing $155M fund, Indiana Investment Fund I, a 2006-vintage vehicle that from inception was managed by a third party. In December 2012, INPRS selected Carlyle and AlpInvest to deploy and manage a new $150M investment fund, Indiana Investment Fund II, which will invest in a diversified, high-quality portfolio of Indiana-based direct investments, co-investments and fund commitments. Carlyle and AlpInvest now manage $305M for INPRS’ Indiana Programs. June 13, 2013 09:19 EDT CG Carlyle Group COO Youngkin discloses 150K share purchase Subscribe for More Information 07:10 EDT BX Blackstone has $1.5B of initial pledges for Asia property fund, Bloombergs says Blackstone Group has $1.5B of capital commitments for its first Asian property fund, targeted at $4B. The firm said it plans to begin investing the money immediately, focusing on China, India, Australia and Japan, sources say, reports Bloomberg.Reference Link 06:10 EDT BX On the Fly: Periodicals Wrap-Up Subscribe for More Information June 12, 2013 11:59 EDT BX Blackstone planning to offer mutual fund, Bloomberg says Subscribe for More Information 07:21 EDT KKR The NYSSA to host a conference 23rd Annual High Yield Bond Conference is being held in New York on June 12. June 11, 2013 05:46 EDT BX, CG Market for high-priced skyscrapers grows, WSJ reports Subscribe for More Information June 6, 2013 19:00 EDT BX On The Fly: After Hours Movers Subscribe for More Information 18:14 EDT BX Blackstone, partner to acquire Gafisa unit, WSJ reports Blackstone (BX) and a partner have agreed to buy Gafisa's (GFA) Alphaville Urbanismo unit for about $1B, reports The Wall Street Journal, citing people familiar with the matter. Reference Link 17:19 EDT BX Glimcher Realty Trust to purchase 60% stake in property for $111.8M Subscribe for More Information 16:10 EDT BX Blackstone, partner reach deal to acquire Gafisa unit for $1B, Dow Jones says Subscribe for More Information 08:43 EDT CG Carlyle Group volatility increases as shares trade at 18-week lows Carlyle Group overall option implied volatility of 34 is above its 26-week average of 31 according to Track Data, suggesting larger price movement. 08:41 EDT KKR KKR & Co. volatility stays flat as shares trend lower KKR & Co. overall option implied volatility of 30 is near its 26-week average of 29 according to Track Data, suggesting non-directional price movement. 08:37 EDT BX Blackstone volatility increases as shares pullback Subscribe for More Information 07:15 EDT KKR KKR & Co. Apollo Global should be bought at current levels, says Oppenheimer Subscribe for More Information 06:04 EDT CG Carlyle Group 11.1M share Secondary priced at $27.00 Citigroup, Credit Suisse and JPMorgan acted as joint book running managers for the offering. 1 | 2 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.