Private Equity
The New York-based mega-buyout shop will cut back on 5% of its roughly 1,400-member workforce. The news comes after the publicly listed firm reported steep losses in the third quarter.
2 min read · 05 January 2013
Opportunities for consolidation in the financial services sector – particularly among life insurance and asset management firms – have led Resolution, like Marfin and Global Investment House earlier this year, to access the public markets.
1 min read · 05 January 2013
The Athens Stock Exchange-listed mega-fund is the latest private equity firm to move into the aviation sector, purchasing just less than half of medical evacuation-focused Flight Ambulance International.
1 min read · 05 January 2013
Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff. Earlier this week the firm invested in UK debt management company TDX Group.
1 min read · 05 January 2013
The private equity firms acquired Europe’s largest food and beverage vending machine maker from Merrill Lynch Global Private Equity and Argan Capital using about €600m of debt arranged by eight lenders.
1 min read · 05 January 2013
Better Place, backed by Morgan Stanley and VantagePoint Venture Partners, will begin building charging ports and battery exchange stations throughout the San Francisco Bay Area in 2010.
2 min read · 05 January 2013
Abu Dhabi Investment Company is part of a consortium acquiring OrasInvest. This deal follows its acquisition of UAE-based Unitra METS Group, a specialty beverage distributor, last month.
1 min read · 05 January 2013
The Middle Eastern firm’s investment was made via its $125m Kuwait fund dedicated to the country's 'offset programme'.
1 min read · 05 January 2013
Venture investments worth $600m were made in Israeli technology companies in the third quarter of 2008, the highest quarterly figure in eight years. But such high rates of investment are not expected to continue given the global financial crisis.
2 min read · 05 January 2013
The investment firm has acquired a majority stake in the Dubai-based business and intends to expand it regionally.
1 min read · 05 January 2013
