The clothing retailer has rebuffed an unsolicited buyout offer worth between $165m and $175m as the company works to remedy its ailing operations.
1 min read · 05 January 2013
Moelis Capital Partners also participated in financing the launch of mid-market healthcare industry lender MidCap Financial, which is led by the former Merrill Lynch Capital Healthcare Finance team.
2 min read · 05 January 2013
The Cerberus-owned company has launched a $38bn debt restructuring to shore up its capital base to meet regulatory requirements necessary to become a bank holding company.
1 min read · 05 January 2013
Backed by a single investor, the fund will support the commercialisation efforts of Massachusetts-based medical technology companies.
1 min read · 05 January 2013
The regional US private equity investor is targeting $200m for its third fund after adjusting the target down from $300m.
1 min read · 05 January 2013
The Sao Paolo-based alternatives firm has held a final close for its third private equity fund targeting the consumer and infrastructure sectors.
1 min read · 05 January 2013
Eighty-six companies this year have defaulted, affecting $285bn, 35 times the amount affected in 2007. That private equity is behind 62% of these companies is 'not a surprise', according to Standard & Poor's.
2 min read · 05 January 2013
Communications company IPC Systems, exited by GS Capital for $800m in 2006, has sold off its emergency call-focused group to West Corporation.
1 min read · 05 January 2013
The global financial services firm is considering funds focused on Latin America, China and India as follow-ons to its debut private equity fund targeting the Middle East and North Africa, launched this week. The private equity division is an extension of UBS' infrastructure group.
3 min read · 05 January 2013
The firm’s private equity funds grew AUM and management fee income, but booked pre-tax distributable earning of $18m, down from $82m in the same period last year.
1 min read · 05 January 2013