Private Equity
Read about how private equity investments offer investors the ability to invest in long-term profitable assets, known often as PE investments.
Genworth: Elderly Pay More Than $69,000 For LTC
By Staff WriterThe average annual cost of a private room in a U.S. nursing home has increased to $69,400.[@@]Genworth Financial Inc., Richmond, Va., has published that ...
March 30, 2005
AIG Announces Second 10-K DelayNU Online News Service, March 30, 2005, 10:17 a.m. ESTAmerican International Group Inc., New York, says its shareholders' equity may fall as much as ...
March 07, 2005
Diamond: Purchase of Sun World's Assets CompleteLAKE FOREST, Ill. (HedgeWorld.com)--A distressed-debt private equity fund manager, Black Diamond Capital Management LLC, announced that it has acquired substantially all of the assets of a Californian agricultural company, Sun World International Inc., for US$127.75 million. This is the consummation of a deal sealed by an auction Jan. 13, 2005,...
March 02, 2005
Penn Treaty Joins Connecticut Partnership ProgramNU Online News Service, March 2, 2005, 2:55 p.m. ESTAn Allentown, Pa., long term care insurer hopes to increase sales in the Northeast.[@@]The insurer, ...
January 13, 2005
Survey: LTC Costs More Than $72,000 Per YearThe annual cost of U.S. long term care averaged $72,240 in 2004.[@@]Genworth Financial Inc., Richmond, Va., has published that figure in its latest LTC ...
January 03, 2005
Private Equity Firm Gets Big Stake In ReinsurerNU Online News Service, Jan. 3, 2005, 5:30 p.m. ESTThe Cypress Group, New York, has invested $180 million in Scottish Re Group Ltd., Hamilton, ...
December 01, 2004
American Equity Expands Note OfferingNU Online News Service, Dec. 1, 2004, 11:44 a.m. ESTA major seller of equity-indexed annuities plans to raise more than $175 million on Wall ...
November 24, 2004
Financial Services At The Center Of M&A PartyWith private equity giant Blackstone Group taking over Equity Office Properties Trust, Nasdaq Stock Markets bid for the London Stock Exchange, and Bank of America's plan to buy Schwab's U.S. Trust division, financial services are in the thick of the merger-mania that is sweeping global markets.