• Battle for control over Cirque du Soleil leads to deal with lenders

    Battle for control over Cirque du Soleil leads to deal with lenders

    Cirque du Soleil has accepted an offer to sell itself to its lenders in a deal that would kick its current private equity owner, TPG Capital, out of the tent, The Post has learned. The bankrupt circus giant, known for dominating the box office in Las Vegas, OK’d the lenders’ offer on Wednesday night — …
  • Equity giant hoping to profit off Cirque du Soleil bankruptcy

    Equity giant hoping to profit off Cirque du Soleil bankruptcy

    The private equity giant that rode Cirque du Soleil to the brink of bankruptcy now wants to share in the spoils, The Post has learned. Texas-based TPG Capital has positioned itself to make money from a highly anticipated Cirque du Soleil bankruptcy by turning itself into a lender in a last-minute maneuvering that has the …
  • J.Crew bankruptcy leads to profits for buyout firm

    J.Crew bankruptcy leads to profits for buyout firm

    J.Crew filed for bankruptcy this week after years of lackluster sales, but the buyout firm that took it private almost a decade ago still made off with a hefty profit, according to public filings and internal documents reviewed by The Post. Texas-based TPG, headed by billionaires David Bonderman and Jim Coulter, has made a fortune …