Centerbridge Partners related stories
All articles and analysis
In this issue …In this issue ? 2008-06-01 Staff Writer COMPANIES Alchemy Partners 6 Abraaj Capital 36 Actis 36,64 Advent International 8, 26 AIG 38 Alpha Associates 78&l
- FEATURE Tranche warfare
There are many parties at the table in CMBS workout situations. It is still far from clear who the winners will be, if any. PERE November issue.
- Blackstone stocks freezer with $1.3bn deal
Vestar Capital has sold Birds Eye seven years after leading a $175m recap of the frozen food company. It marks Blackstone's fourth US private equity deal this year.
- Firms plead ignorance in NJ donation breach
Blackstone, Centerbridge and Welsh Carson will not see commitments from New Jersey yanked following revelations that the firms unwittingly broke campaign donation rules.
- Alberta to build direct PE team in-house
Leo de Bever, head of the C$70bn Alberta Investment Management Corporation, said money managed by external GPs costs ‘nine times what it costs me internally’.
- Schwarzman: 'The worst is behind the industry'
Blackstone chief executive Stephen Schwarzman has reportedly told investors it is planning up to 13 exits in the near future.
- Blackstone in $780m building materials deal
In its second US private equity deal this year, the mega-firm will back Summit Materials alongside Silverhawk Capital and former BHP Billiton CEO Charles ‘Chip’ Goodyear.
- US pensions join PE firms against FDIC bank rules
Public pensions from Oregon and New Jersey are among those aruing the proposed bank ownership rules, on which the FDIC votes this week, could 'slow the healing' of the financial sector.
- FDIC establishes rules for private equity bank buyouts
The US banking regulator scaled back its proposed rules, easing certain requirements that had attracted industry criticism including Tier 1 leverage ratios.
- Blackstone, Centerbridge offer alternatives to FDIC rules
Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.