Toby Lewis
Financial sponsors negotiating block purchases of opportunity loans from banks are being provided with discounted financing. In return for the cheap financing the selling banks are asking for more than the book price of their loans.
The debt investment arm of Kohlberg Kravis Roberts is looking to buy loans related to the Alliance Boots buyout. The syndicating banks are considering providing discounted loans to back the debt sale.
The troubled monoline insurer had losses largely related to derivative write-downs. The public markets responded positively to the results with the shares rising 6.4 percent.
The European buyout firm has boosted its team with an environmental and corporate social responsibility expert to further develop its focus on the environment and the community.
The European buyout firm has gone beyond the Walker guidelines as it looks towards a global expansion into Asia and the US. These offices will be for investor relations purposes and for strengthening the portfolio.
The captive infrastructure firm of the US bank has closed its latest fund, which has already made more than $1bn of investments. More than 100 employees of the bank invested.
The global alternative investment firm has sealed its first deal in Greece. It acquired a majority stake in Neochimiki from the public markets, in the latest of Carlyle’s investments in the chemicals sector.
SG Capital Europe and Quartus are enjoying an exit after just two years, as DruckChemie looks to strong growth in the stagnant printing sector. It was 3i's third deal this week.
The two Euronext-listed funds of funds continue to battle against substantial discounts to net asset value.
The UK mid-market arm of Legal & General has found a successor to Adrian Johnson, who leaves the company after around eight years at the helm.