By Daniel Edward Rosen 10/25/11 9:49am

Lease of the Week

9 West 57th Street in all its glory.

A Room With A View (Of Central Park)

For an emerging—albeit press-shy—wealth management firm like Forty North Capital LLC, snagging a prime block of office space on the 30th floor of a building that features stupefying views of Central Park and an intimidating list of titanic private equity tenants like Kohlberg Kravis Roberts & Co. and Silver Lake Partners is indeed a bold move.

In August, Forty North signed a 10-year lease to take 17,000 square feet at 9 West 57th Street, a gleaming, 50-story skyscraper owned by real estate titan Sheldon Solow with an address that a business of any shape or size would kill to have on its business card. Read More

By Mike Taylor 12/20/10 1:27pm

Wall Street

Morning Roundup: A Real Need for Bonuses

  • Even though their salaries have risen substantially in recent years, it would still hurt Wall Street employees’ feelings if they didn’t get any bonuses this year. [NYT]
  • The accountants at Ernst & Young are in trouble with the state of New York for allegedly twiddling their thumbs and whistling to themselves Read More

By Mike Taylor 5:02pm

Private Equity

KKR Goes After Meow Mix: Report

Private equity behemoth Kohlberg Kravis Roberts & Co. is in talks to acquire pet- and human-food purveyor Del Monte Foods, according to a report by Bloomberg.

A transaction would give KKR a pet-food business whose sales have more than doubled since 2006, helped by the acquisitions of labels like Meow Mix cat-food and Read More

By Staff 11:20am

Report: Goldman, KKR Prepare $24 B. Bid For Macy’s

Women's Wear Daily is reporting this morning that Kohlberg Kravis Roberts and Goldman Sachs Group are preparing a $24 billion bid to buy the Macy's retail chain.

According to WWD, a bid was expected last weekend, and both parties want to finalize a deal in time for Macy's investors' meetings scheduled for July 23:

Should Read More

By Nicholas von Hoffman 12:00am

A Deal That Smells to High Heaven

The guy to complete the last big deal ordinarily gets to shout “King o’ the Mountain!” and, for a month or so afterward, there is much oohing and aahing on the business pages. That didn’t quite happen after Kohlberg Kravis Roberts and Texas Pacific announced their purchase of TXU, the large Texas electric-utility company.

At Read More

By Nicholas von Hoffman 8/28/06 12:00am

A Health-Care Deal That’ll Make You Sick

There was much chasing of secretaries around the typing pool in the canyons of high finance when it was announced that HCA (formerly known as Hospital Corporation of America) was to be purchased by Bain Capital, Merrill Lynch and Kohlberg, Kravis, Roberts & Co.

If there is one thing the boys (and it is Read More

By Nicholas von Hoffman 8/28/06 12:00am

A Health-Care Deal That’ll Make You Sick

There was much chasing of secretaries around the typing pool in the canyons of high finance when it was announced that HCA (formerly known as Hospital Corporation of America) was to be purchased by Bain Capital, Merrill Lynch and Kohlberg, Kravis, Roberts & Co.

If there is one thing the boys (and it is mostly Read More

By Sridhar Pappu 2/25/02 12:00am

When Will The Sun Set? New Paper Mulls Late Nights

The revelation on Monday, Feb. 19, that Goldman, Sachs & Co.

was poised to enter the magazine business left more than a few people confused.

Here was a publicly traded company, ready to invest $1 billion in a business

that seems to be teetering on the brink.

How committed Goldman is to the magazine Read More