Shares of Kohlberg Kravis Roberts fell 2.9% in the firm’s debut on the New York Stock Exchange Thursday, after a strong final two weeks on the Amsterdam Euronext heading into the relisting.
2 min read · 05 January 2013
The latest fund from Blackstone's credit-focused affiliate has already invested roughly $600m in seven different companies.
2 min read · 05 January 2013
Hovde Acquisition has purchased Bay National from the Federal Deposit Insurance Corporation in a deal in which the FDIC is not covering losses.
2 min read · 05 January 2013
KKR's long-awaited NYSE listing, set for Thursday, is expected to be met with enthusiasm from US investors with 'pent up demand'.
3 min read · 05 January 2013
The Blackstone Group has granted a number of investors additional time to make commitments to its Blackstone Capital Partners VI fund before making a final close.
1 min read · 05 January 2013
The resignation of Steve Trevor follows a series of hires since the firm appointed a new president in February.
1 min read · 05 January 2013
The distressed investment shop of Wilbur Ross has joined a group that is buying a 25% stake in Sun National Bank.
2 min read · 05 January 2013
The firm's prior direct investment fund collected $443 million in 2006.
1 min read · 05 January 2013
The firm has named former JPMorgan executive Robert McGuire as a 'senior member' responsible for overseeing the expansion of the firm's investment activities in Europe.
1 min read · 05 January 2013
A debate in the House of Lords over the EU’s pending AIFM legislation yielded little progress, as key issues including third country rules and disclosure requirements have yet to be resolved.
3 min read · 05 January 2013
