Thursday, May 08, 2008

Private equity dealmakers still alive and well

Smaller deals, amassing cash part of the new landscape

May 7 - TwinCities.com - Just because private equity firms haven't had any big deals to talk about lately doesn't mean they've gone away.

In fact, two of the Twin Cities' biggest private equity firms, Goldner Hawn and Norwest Equity Partners, say they expect to raise about $1.5 billion for two new equity funds by the end of the year. Norwest Equity Partners also is putting together a $500 million mezzanine fund.

And executives of the firms say they are itching to spend that money, even if some of the rules of the game have changed. Read More.

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