Lone Star said in a letter to Accredited Home Lenders today that it would loosen the closing conditions of the deal if Accredited agrees to cut its price from $400 million to $225 million.
2 min read · 04 January 2013
After a nearly decade-long holding period, New York-based Conduit Capital has successfully exited its stake in Colombia coal power plant Termotasajero.
2 min read · 04 January 2013
Goode Partners has raised $225 million for investments in the consumer sector, one month after adding trendy boutique chain Intermix to its portfolio.
2 min read · 04 January 2013
Frontier Capital has brought in institutional investors for its second fund, which at $115 million is more than twice the size of the firm’s first vehicle.
1 min read · 04 January 2013
The Carlyle Group has set up a new team to make investments in central and eastern Europe, a region in which the firm has not made any investments to date.
1 min read · 04 January 2013
TPG has hired Southeast Asia banking vet Jerry Ng to lead its Indonesia business, as the firm looks to strengthen its position in that country’s financial services sector.
1 min read · 04 January 2013
Canadian Gibralt Capital has entered the popular aerospace sector with its acquisition of a majority stake in Toronto-based Skyservice Airlines.
2 min read · 04 January 2013
Bear Stearns has created a private trading platform, which will bring the total number of such private US exchanges to four.
2 min read · 04 January 2013
Columbia Capital, M/C Venture Partners, Oak Investment Partners, Battery Ventures and Centennial Ventures have committed $225 million in Series A funding for Zayo Bandwidth, a fiber-based network operator.
2 min read · 04 January 2013
Former Bloomingdale’s head Marvin Traub has launched a designer-focussed private equity firm that recently made its first investment in UK fashion label Matthew Williamson.
2 min read · 04 January 2013
