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Private Equity in Korea (Part 1): The Lone Star Lesson

No story about private equity in Korea can begin without some insight and background into the most controversial foreign PE buyout, and later exit, of a Korean company—Lone Star Funds’ $1.2 billion takeover of the Korea Exchange Bank (KEB), the country’s sixth largest bank. The tumultuous relationship between Lone Star, KEB, and the Korean government…

Riverside Celebrates 300th Acquisition

As The Riverside Company announced last week, the PE firm has closed its 300th acquisition with its purchase of Learning Seat, an Australian-based provider of online learning and compliance courses. Industry veterans will find this bit of private equity news relatively unsurprising, as Riverside has been one of the most active PE investors for more than two…