Private-Equity

Apollo Global Management Acquires Constellis Holdings (Blackwater Successor) for Approximately $1 Billion

2016-09-01 00:00:00 +0000 UTC | Importance: 7/10

Private equity firm Apollo Global Management acquired Constellis Holdings—the entity descended from Blackwater through successive rebrandings as Xe Services, Academi, and merger with Triple Canopy—for approximately $1 billion. The acquisition represented the complete financialization of the private …

Constellis Holdings Apollo Global Management Blackwater Triple Canopy private-military private-equity corporate-consolidation financialization-warfare

Ways and Means Chairman Proposes Carried Interest Reform That Private Equity Lobbying Defeats

2014-02-26 00:00:00 +0000 UTC | Importance: 8/10

House Ways and Means Committee Chairman Dave Camp (R-MI) released comprehensive tax reform draft legislation proposing to raise the tax on carried interest from 23.8% to 35%, effectively closing one of the most notorious tax loopholes benefiting private equity and hedge fund managers. Carried …

Dave Camp House Ways and Means Committee Carlyle Group Cerberus Capital Management Managed Funds Association regulatory-capture tax-policy lobbying private-equity congressional-corruption

Francisco Partners Acquires 70% Stake in NSO Group for $130 Million

2014-01-01 00:00:00 +0000 UTC | Importance: 7/10

San Francisco-based private equity firm Francisco Partners acquires a 70% controlling stake in NSO Group from its founders for approximately $120-130 million. The acquisition represents a major influx of Western capital into the Israeli surveillance technology sector and marks the beginning of NSO …

Francisco Partners NSO Group Shalev Hulio Omri Lavie nso-group francisco-partners private-equity pegasus-spyware surveillance-capitalism

Evan Bayh Joins Apollo Global Management and Five Corporate Boards After Senate

2011-01-03 00:00:00 +0000 UTC | Importance: 8/10

Former Senator Evan Bayh (D-IN) joined private equity giant Apollo Global Management as a senior adviser and McGuireWoods as a strategic advisor immediately after leaving the Senate in January 2011. Within months, Bayh also secured positions on five corporate boards: Marathon Petroleum, Berry …

Evan Bayh Apollo Global Management McGuireWoods Marathon Petroleum Berry Plastics revolving-door lobbying congressional-corruption private-equity corporate-boards

Tom Daschle Joins Private Equity Firm and Lobbying After Senate Majority Leadership

2005-03-14 00:00:00 +0000 UTC | Importance: 8/10

Former Senate Majority Leader Tom Daschle (D-SD) joined InterMedia Advisors, a New York-based private equity firm, as a consultant and chairman of its executive advisory board just months after losing his 2004 reelection bid. Simultaneously, Daschle joined the law and lobbying firm Alston & Bird …

Tom Daschle InterMedia Advisors Alston & Bird Leo Hindery revolving-door lobbying congressional-corruption healthcare private-equity