| 06.02.2012 TPG buys hedge fund administrator GlobeOp |
| Bailey McCann, Opalesque New York:
London and New York-based hedge fund administrator GlobeOp has been purchased by Texas-based buyout firm TPG. TPG will pay $800m for GlobeOp, financed through Credit Suisse. The purchase marks a shift for TPG into the hedge fund industry. GlobeOp Financial Services was in talks with private equity firms Advent International Corporation and TPG over possible |
| Article source: http://www.opalesque.com/fullarticle/640349/GlobeOp_Forward_Redemption_Indicator_January_notifications_at_record034.html - Opalesque is not responsible for the content of external internet sites |