Private Equity
The private equity platform has paid $116m cash and assumed $136.5m of a $182m mortgage for a controlling interest in a 1.4m sq. ft Colorado shopping centre. Macerich has been a net seller of assets in 2009 to date.
1 min read · 05 January 2013
Infratil-backed Energy Developments has rejected the private equity firm’s offer as too low, but said it will not impede a similar 'off-market' takeover bid.
2 min read · 05 January 2013
Four Indian institutions will receive about $140m for their combined stakes in UTI Asset Management, whose private equity subsidiary is raising its third fund.
1 min read · 05 January 2013
Advent has teamed with real estate investor Marcol for what the firms say is Germany’s largest private equity deal this year.
2 min read · 05 January 2013
3i has reportedly offered £135m for 13% of Energy Developments’ assets following a 100% acquisition proposal by an Archer Capital-led private equity consortium early this month.
2 min read · 05 January 2013
The UK private equity firm has backed Ambassador Theatre's takeover of Live Nation's UK operations, taking a majority stake in the combined entity.
2 min read · 05 January 2013
Quality Technology Services, founded in 2005, has expanded its data center real estate to 2 million square feet.
1 min read · 05 January 2013
The US asset manager has bought a 50% stake in three UK wind farms owned by Centrica, the parent company of British Gas.
2 min read · 05 January 2013
The financial giant has agreed to buy Luxembourg-based banking group Sal. Oppenheim for about €1bn in a deal that will include Oppenheim’s private equity fund of funds group.
1 min read · 05 January 2013
The £96m exit marks the end of a turbulent relationship between the retailer and its consortium of private equity owners.
2 min read · 05 January 2013