Hints and tips:
...Tiger is seeking cash from large institutional investors such as pension and sovereign wealth funds as well as wealthy individuals with money at large brokerages like Morgan Stanley....
...Dennis Cornell, the co-head of energy investment banking for the Americas at Morgan Stanley, is leaving the bank after two decades, Bloomberg reported....
...The three deals announced on Thursday follow other similar moves by Kinder Morgan in 2014 and Oneok in 2017....
...Kinder Morgan said it would give more details of its plans in a call for analysts on Wednesday morning....
...– FT Alphaville Kinder Morgan, MLPs and the sell case - FT Alphaville...
...Goldman’s role in the Kinder Morgan buyout is controversial....
...Other shipping lines that have prospered from the Jones Act protections include American Petroleum Tankers which affiliates of investment firms Blackstone and Cerberus Capital Management sold to Kinder Morgan...
...However, Richard Kinder, Kinder Morgan’s chief executive, said: “We continue to be bullish on the domestic shale plays, and believe they will drive substantial future growth at [Kinder Morgan].”...
...Kinder, Kinder Morgan’s chairman and chief executive....
...Following three of the biggest private equity IPOs, for HCA, Kinder Morgan and Nielsen, in the first quarter, the window slammed shut as US and European sovereign debt woes threatened another global recession...
...The firm’s revenues surpassed $500m for the first time in its 16-year history, after winning high-profile deals including advising Kinder Morgan on its $37.6bn takeover of El Paso Corp....
...Following a surge of big exits at the beginning of last year, which included IPOs by HCA, Kinder Morgan and Nielsen, the market quieted for much of the remainder of the year....
...The industry provided one of the most lucrative LBOs of the last boom with the 2007 buy-out and 2011 initial public offering of Kinder Morgan, providing a return of more than 100 per cent to backers....
...Carlyle’s exits this year include stock sales of China Pacific Insurance, which raised $2.7bn, and Kinder Morgan, the US energy group that raised $1.5bn....
...The holding company will be renamed Kinder Morgan, Inc., after the transaction....
...NYSE had multibillion listings for private equity-held groups HCA and Kinder Morgan in 2011, as well as GM’s $18bn IPO in November....
...Private equity groups have seen the value of their portfolios recover from post-crisis lows, reflected in strong IPOs for groups such as Kinder Morgan and HCA....
...- Kinder Morgan, a portfolio company of the Carlyle Group, has filed for a $1.5bn IPO. - Corporate profits aren’t actually at record highs, but they’re improving....
...But in 2011, offerings for Nielsen, Kinder Morgan, BankUnited and, now, HCA, have all priced at or above the top of their expected range....
...Mr Nasser stayed on in Michigan, in 2002 becoming a partner at One Equity Partners, JP Morgan’s private equity house....
...After joining a consortium to buy energy distributor Kinder Morgan, the Federal Trade Commission forced it to become “passive” in another of its investments....
...On Monday, a consortium of private equity firms offered $13.5bn to take over Kinder Morgan, the oil and gas pipeline company, in deal backed by management....
...Kinder Morgan shares on Tuesday closed 19 per cent higher at $100.31 – or slightly higher than the offer price of $100 per share....
...This week, Kinder Morgan, a US oil and gas pipeline group, received a takeover offer worth $13.5bn from its management and a consortium of private equity funds including Goldman Sachs and Carlyle....
International Edition