The middle market-focussed mezzanine firm has closed its rapidly raised fourth fund as demand for mezzanine financing rises.
1 min read · 04 January 2013
The biggest LBO proposed to date has reportedly hit a financing snag just weeks before it was expected to close.
2 min read · 04 January 2013
The private equity firm’s Latin America Infrastructure Fund has now fully exited Mexican telecom start-up Axtel, following the company’s $345m 2005 IPO.
2 min read · 04 January 2013
Research in Motion, RBC and Thomson Reuters have an answer to the recently launched $100m iFund, managed by Kleiner Perkins. The Blackberry fund will be taking an opportunistic approach.
2 min read · 04 January 2013
The Los Angeles alternative investment firm has raised the largest ever distressed debt fund, more than three times the size of its previous similar vehicle.
2 min read · 04 January 2013
Citigroup’s debut infrastructure fund, targeting $5bn, has made its second investment in airport development company Vancouver Airport Services. It is acquiring 50 percent of a subsidiary of Vancouver Airport Authority.
2 min read · 04 January 2013
Former Time editor-in-chief Norman Pearlstine, who joined Carlyle in 2006 to advise on media deals, has left the private equity firm to scout growth opportunities for Bloomberg news.
2 min read · 04 January 2013
Although investment guidelines have not yet been set, people familiar with Brazil’s proposed sovereign wealth fund say it may favour ‘politically related’ investment mandates over the alternative investment allocations embraced by peers.
2 min read · 04 January 2013
Verso Paper opened nearly $2 below its IPO price, even after being adjusted downward by the private equity giant.
2 min read · 04 January 2013
The growth equity investor, formerly Paladin Private Equity, has held a final close on its debut cleantech fund, slightly short of its target.
1 min read · 04 January 2013
