TPG Raises $30 Billion (!!!) Fund

In a time when some other large cap players are feeling a stinging cold shoulder from edgy institutional LPs (see Madison Dearborn having to cut it’s cap on a new fund, or Blackstone getting a reduced effort from Calstrs for it’s new effort), TPG has amassed a mighty impressive chunk of change to take advantage of opportunities in the currently depressed markets.

TPG plans to use the new fund to invest in a variety of targets, including Asian assets, distressed banks and corporate takeovers.

Impressive!

Crédit Agricole Private Equity (CAPE) and Avenir Invest in Coiff’idis

So there’s no new info concerning the pending Calyon layoffs, and judging by the number of web surfers that checked out yesterday’s post there’s a lot of worried people browsing at their desks. However, keeping with the Crédit Agricole family, Crédit Agricole Private Equity (CAPE) and Avenir Entreprises have just made an undisclosed investment into Coiff’idis, a French firm that provides consumable products and accessories to the hairdressing industry.

• CAPE Press Release Concerning Coiff’idis (in French)