Centerbridge Partners related stories
All articles and analysis
News analysis: What KKR's meeting in Oregon may signalKKR is expected to ask one of its longest-standing LPs for a commitment to its new fund Wednesday. Oregon has already indicated it is 'contemplating' cutting its re-up, an issue that most GPs will be dealing with this year.
- Centerbridge nears $2.2bn for Fund II
Centerbridge Partners II, which is targeting $3.75bn, could hold a final close toward the end of the first quarter next year.
- FEATURE: Chapters in history
The Chapter 11 filings of GGP and Extended Stay fuelled visions of steep discounts to be had for investors willing to wade into the quagmire of the US bankruptcy courts. Opportunities borne out of bankruptcy, however, are limited – and only for those with plenty of cash to invest. PERE Magazine, December 2010/January 2011 issue.
- Florida SBA invests in Extended Stay debt
The pension system said in its quarterly report that private equity deal activity in the third quarter 'showed signs of life'.
- Oregon commits $100m to WL Ross
The Oregon Investment Council has approved a commitment to WL Ross’ Recovery Fund V, targeting $4bn. The pension committed $200m to the firm’s predecessor fund in 2007.
- JC Flowers acquires US bank
The acquisition of Saddle River Valley Bank by JC Flowers follows the revelation Blackstone is planning to acquire small banks around the US.
- Oregon slashes re-up to Centerbridge by $100m
The $65bn pension system will look for key term changes during final negotiations, including cutting management fees and setting a ‘reasonable cap on organisation costs of the fund’.
- Blackstone to target small US banks
An IPO of BankUnited would create a platform for Blackstone to buy smaller banks in the US, the firm’s president Tony James said during an earnings call.
- Metrick to leave Blackstone for Centerbridge
IR veteran Maryfrances Metrick will join the Blackstone spin-out in October amid fundraising for the firm’s second fund, targeting $3.75bn.
- News analysis: Blackstone has deep IR bench
Four senior managing directors and 73 total investor relations professionals will remain following the departure of 13-year IR veteran Maryfrances Metrick.