Invesco related stories
All articles and analysis
CIC plans $2bn US mortgage securities splurgeThe Chinese Sovereign Wealth fund has reportedly shortlisted nine fund managers taking part in the US Public-Private Investment Plan.
- US Treasury selects Oaktree, Angelo Gordon for PPIP bank bailout
The US government has selected nine private investment firms, including Oaktree, Invesco and Angelo Gordon, to help take real estate loan-backed securities off banks’ balance sheets.
- BlackRock vet to lead Wilshire Private Markets
The private equity fund of funds has hired Kevin Nee as its president after collecting $615m for its eighth private equity fund of funds.
- Foresight signs €50m Italian solar deals
UK-based clean technology-focused private equity firm Foresight Group has agreed two deals worth a combined €50m for 10 megawatts of solar projects in Italy using its European Solar Fund and bank debt.
- WL Ross purchases bank assets
The distressed buyout firm’s acquisition of nearly 70% of First Bank & Trust could lead to further banking asset purchases in the future.
- Invesco WL Ross forms Chinese power JV
Invesco WL Ross has partnered with China’s largest power producer, state-owned Huaneng Group, to invest in power generation assets.
- WL Ross, GS invest $100m in Indian airline
The agreed financing for SpiceJet exceeds last month’s financing arrangement with distressed specialist WL Ross by 25 percent. The new deal includes ‘participation’ by Dubai-based Istithmar World and SpiceJet director Ajay Singh and a subscription for equity warrants by Goldman Sachs.
- INVESCO spin-out raising $350m fund
The ‘diversified venture capital concern’, New York-based Vedanta Capital, is raising a fund for venture and private equity investment.
- WL Ross to pay $1bn for subprime mortgage servicing unit
Just months after Cerberus dropped its $800 million buyout of H&R Block’s Option One Mortgage Corporation, the distressed investment shop has agreed to purchase the company’s servicing unit for an even higher price.
- CalSTRS again taps Invesco to manage $200m FoF mandate
The California pension has now charged Invesco with investing a total of $300 million with less-established and sometimes overlooked GPs.