Credit Suisse related stories
All articles and analysis
Credit Suisse strengthens funds groupEighteen individuals have joined the bank's ‘asset management institutional distribution team’ – which includes private equity fund placement and will be led from Europe by Remy Kawkabani – at a time when the value of placement agents is being called into question by some of the industry’s most influential players.
- Indiana commits more than $300m to private equity and real estate
The pension, with assets of $16bn as of 30 June, 2008, made commitments in the past month to firms including Germany-based Triton Advisors and mezzanine firm Falcon Investment Advisors.
- Citi to quit third-party fund placement
The bank, which is currently assisting with fundraising for groups including MBK Partners, Alinda Capital and Citadel, has decided to wind down its private equity fund placement arm by year end. Two of its executives have already been hired by Credit Suisse as part of its asset management division's global expansion.
- CVC hires head of US financial institutions team
Kamil Salame, former partner with DLJ Merchant Banking and managing director with Credit Suisse, will head up CVC’s financial institutions group from the US. The firm launched its financial institutions team last year.
- Danish pension commits $400m to clean energy
The €54bn ATP pension scheme is the latest institution to join the cleantech bandwagon with a commitment to New Jersey-based Hudson Clean Energy Partners.
- Vicente expands debut fund to $165m
The Los Angeles-based firm has added the State of Connecticut and Credit Suisse to its list of investors.
- Moody's downgrades Clear Channel debt to junk
The US radio and advertising company, which was purchased by Bain Capital Partners and TH Lee last year in a $17.9bn deal, had its rating fall to deeply speculative territory, with Moody’s warning of default.
- Odyssey closes fourth fund on $1.5bn
The mid-market firm has doubled the size of it predecessor fund and exceeded its target by $500m.
- Investcorp writes down $95m on private equity portfolio
The quoted investment manager suffered a net loss for the first time in its history, due largely to hedge fund positions. Its private equity portfolio is 'in better shape' than many competitors, chief executive Nemir Kirdar has said.
- Mubadala holds $300m first close on MENA infrastructure fund
Mubadala, GE and Credit Suisse are reportedly raising $500m to invest in sectors including power, water, telecoms and transportation.