Perella Weinberg Partners announced today that Sebastien Maurin has joined the Firm as a Managing Director in its Corporate Advisory Group where he will focus on restructuring and distressed merger and acquisition transactions. He was most recently a senior member of the debt restructuring advisory business at MPC Longberry. Prior to that, Mr. Maurin was Head of the Global High Yield and Distressed Debt Proprietary Trading Group at Commerzbank AG.
3 min read · 25 February 2010
1 min read · 25 February 2010
2 min read · 25 February 2010
Blackstone Group LP(BX.N) has three commitments so far to the yuan-denominated fund it is raising in China, it said on Thursday. Blackstone announced plans in August to launch a 5-billion-yuan ($732 million) fund to invest primarily in the city of Shanghai. The size of the fund is limited under Chinese law to that size, Blackstone has said.
2 min read · 25 February 2010
David Bonderman, co-founder of giant private equity firm TPG , said on Thursday that regulators are accelerating bank failures by limiting private equity firms' ability to buy into and reorganize struggling banks.
3 min read · 25 February 2010
(Reuters) - Fortress Investment Group LLC (FIG.N), one of the world's largest publicly traded alternative asset managers, said its assets under management shrank by almost 1 percent during the fourth quarter as client redemptions totaled over $1 billion.
2 min read · 25 February 2010
2 min read · 25 February 2010
Private equity giant Kohlberg Kravis Roberts & Co (KKR.AS) said on Thursday it could not predict the timing of its long-sought New York Stock Exchange listing, but it would move as promptly as practical.
1 min read · 25 February 2010
Salo Aizenberg has joined Hauppauge, N.Y.-based lender Westbury Partners as Managing Director. He was previously a Managing Director at Global Leverage Capital. Westbury's current fund will be focused on mezzanine investments.
1 min read · 25 February 2010
1 min read · 25 February 2010
