Private Equity
Sankaty Advisors has been investing in collateralized loan obligations virtually since its establishment in 1998, but the firm, the credit arm of Bain Capital Partners LLC, is only now launching a fund dedicated to the strategy, a person with knowledge of the firm’s plan told Buyouts.
2 min read · 30 April 2013
Sensing a growing appetite for buyout deals in the tech sector, GE Capital Corp. is boosting its lending capacity in the category, an executive of the company told Buyouts.
2 min read · 30 April 2013
At a time when the global brewing industry was undergoing rapid consolidation and internationalization, KPS Capital Partners LP collected a series of neglected and cast off beer brands, fashioning them into the No. 3 U.S. brewer.
4 min read · 22 April 2013
2 min read · 22 April 2013
U.S.-based buyout and mezzanine firms added nearly $5 billion to their coffers in the last fortnight, bringing their year-to-date fundraising total to $31.1 billion. The tally is slightly ahead of 2012’s pace, when firms had raised $29.6 billion by mid-April.
1 min read · 22 April 2013
With the banking crisis receding in the market’s rear-view mirror, Castle Creek Capital LLC is angling for ways to play the endgame of a federal program set up to protect the banking industry.
3 min read · 15 April 2013
A former marketing executive has sued Cerberus Capital Management LP, accusing the New York mega-firm of retaliating against her and wrongfully firing her after she complained that marketing documents misrepresented a residential mortgage fund that she was selling. Cerberus called the allegations in the suit “without basis in law or fact.”
3 min read · 10 April 2013
2 min read · 08 April 2013
Lone Star Investment Advisors has put a stake in the ground toward its eighth distressed-assets fund, posting a first close on the pool of just more than $1 billion, regulatory filings showed.
1 min read · 01 April 2013
As history’s largest buyout target drifts toward what seems to be an inevitable bankruptcy, the latest complaint against the beleaguered company’s directors could have the effect of inhibiting the filing.
2 min read · 29 March 2013
