4 min read · 15 April 2009
1 min read · 15 April 2009
Pegasus Capital Advisors has teamed with Deerfield Capital Corp. to form an investment venture that will purchase distressed corporate bank loans and other senior secured corporate loans. Pegasus has committed $75 million, while Deerfield has committed $15 million.
2 min read · 15 April 2009
Istithmar said that it has injected an undisclosed amount of new capital into department store chain Barneys New York. The money is expected to ensure that Barneys meets its 2009 schedule of shipments. Istithmar bought Barneys in 2007 for $943.2 million from Jones Apparel Group.
2 min read · 15 April 2009
Centerview Partners has hired three Merrill Lynch investment bankers focused on the healthcare space: Alan Hartman, Richard Girling and Mark Robinson. The firm also announced that it opening new offices in London and San Francisco.
6 min read · 15 April 2009
RMI, an Atlanta-based provider of rail information services to the transportation industry, has acquired 10East, a Jacksonville, Fla.-based provider of SaaS applications to support signal and communications infrastructure needs of railroads in North America. No financial terms were disclosed. RMI is a portfolio company of Carlyle Growth Partners.
4 min read · 15 April 2009
Wall Street Institute, a provider of English-language instruction, has sold its Chinese subsidiary to Pearson PLC for $145 million in cash. Wall Street Institute is majority-owned by The Carlyle Group, and was advised on the deal by Credit Suisse Securities.
3 min read · 15 April 2009
4 min read · 15 April 2009
1 min read · 15 April 2009
3 min read · 15 April 2009