Private Equity
The German retailer needed state loans to renew credit lines worth up to €710m by Friday. That request was denied. Goldman Sachs’ Whitehall funds, RREEF, Pirelli Real Estate, Generali and the Borletti Group own a portfolio of Arcandor real estate.
2 min read · 05 January 2013
The buyout giant’s European technology team is returning to invest in Personal & Informatik, a German provider of human resources software and consulting, having exited the company in 2007.
2 min read · 05 January 2013
Administrators to Lehman Brothers in Europe have put the first few propety assets up for sale, most of them being joint ventures. PricewaterhouseCoopers says it has logged more than 300 expressions of interest in Lehman’s real estate investments since the bank collapsed.
1 min read · 05 January 2013
Carlyle-backed education investor Apollo Global has agreed to delist BBP – a UK- and Europe-based provider of education services for lawyers, accountants and the financial services sector, which is reporting increasing revenues despite the economic downturn.
1 min read · 05 January 2013
The listed private equity firm has raised more than £730m, which it will use to continue its de-levering process. Other listed private equity stocks reacted well to the news Friday.
2 min read · 05 January 2013
Upstream Systems has attracted backing from London's TLcom Capital and Greek investor Alpha Ventures as it seeks to take advantage of rapid growth in the mobile marketing industry.
2 min read · 05 January 2013
Shareholders of the troubled German lender yesterday approved a government plan to nationalise the bank; JC Flowers has said it may take legal action to safeguard its investment.
2 min read · 05 January 2013
Just weeks after selling a £70.25 million property portfolio to AEW Europe, Brixton is reportedly close to selling another £225 million portfolio to New York based Westbrook Partners.
1 min read · 05 January 2013
Blackstone, Carlyle, Centerbridge and WL Ross have joined forces with several co-investors – including UK charity The Wellcome Trust – to buy failed Florida-based BankUnited. The FDIC is currently evaluating 'the appropriate terms' to let more private equity firms acquire failed depository banks.
2 min read · 05 January 2013
The first quarter of the year was the quietest in terms of the number of buyouts in the UK since 1986, with the majority of deals involving targets in receivership, such as snooker and pool hall operator Rileys.
2 min read · 05 January 2013
