Kayne Anderson Capital Advisors LP's real estate private equity arm said on Thursday it would buy healthcare real estate investment trust Sentio Healthcare Properties Inc (SNTH.PK) in an $825 million deal.
1 min read · 04 May 2017
Credit Suisse Group AG has hired Matt Walsh as a managing director and co-head of its technology, media & telecom (TMT) equity capital markets (ECM) group, according to an internal memo seen by Reuters and confirmed by a spokesman on Wednesday.
1 min read · 03 May 2017
Bankers have lined up to US$2.5 billion-equivalent of debt financing to back the acquisition of publicly-listed Hong Kong-based international schools operator Nord Anglia Education Inc, banking sources told Reuters. Global coordinators Deutsche Bank and HSBC, alongside bookrunners Credit Suisse and Macquarie, have underwritten a debt financing, which will be in the form of leveraged loans. The financing is set to be syndicated to institutional investors in the United States and Europe. Nord Anglia said it would be taken private by Canada Pension Plan Investment Board and Baring Private Equity Asia on April 25, in a deal that values the company at US$4.3 billion, including debt.
2 min read · 03 May 2017
Ultra-wealthy private equity managers lamented their reputation as 'lousy' corporate profiteers at a plush Beverly Hills hotel on Tuesday, arguing their value to society was greater than the public realized, Reuters reported.
2 min read · 03 May 2017
Private equity firm Carlyle Group LP (CG.O) posted first quarter earnings that handily beat expectations on Wednesday, in line with its peers, after a buoyant stock market lifted investment returns across the industry, Reuters reported.
2 min read · 03 May 2017
Cerberus Capital Management LP and Sycamore Partners are the two private equity firms actively exploring an acquisition of Staples Inc (SPLS.O), the U.S. office supplies retailer, Reuters reported.
3 min read · 03 May 2017
Buyout firms Apollo Global Management LLC (APO.N), Blackstone Group LP (BX.N) and Centerbridge Partners LP are among potential suitors studying bids for Canada's biggest alternative mortgage lender, Home Capital Group Inc (HCG.TO), which sought emergency funding last week, sources told Reuters.
2 min read · 02 May 2017
Four banks have underwritten a debt financing backing the acquisition of publicly-listed Hong Kong-based international schools operator Nord Anglia Education Inc, banking sources told Reuters. Nord Anglia said it would be taken private by Canada Pension Plan Investment Board and Baring Private Equity Asia on April 25, in a deal that values the company at US$4.3 billion, including debt. Deutsche Bank, HSBC, Credit Suisse and Macquarie have underwritten a debt financing which is expected to be in the form of leveraged loans.
1 min read · 02 May 2017
U.S. buyout firms Apollo Global Management, Blackstone Group and Centerbridge Partners are among potential suitors studying bids for Canada's biggest alternative mortgage lender, Home Capital Group Inc, which sought emergency funding last week, sources told Reuters. Canada's Brookfield Asset Management and Fairfax Financial Holdings are among the other firms interested in buying the company, the sources said. Home Capital said last week it had hired RBC Capital Markets and BMO Capital Markets "to advise on further financing and strategic options" and after securing a high-interest $2 billion credit line. The company has a current market value of about US$378 million.
3 min read · 02 May 2017
Jack Ma's private equity firm Yunfeng Capital and Singapore's Temasek have led a $75 million fund-raising round into genomics company WuXi NextCODE, the firm said in a statement on Tuesday, underlining a race for medical data in China.
1 min read · 02 May 2017
