Private Equity
The LA-based firm becomes the second private equity house to buy a substantial distressed debt portfolio held by the Federal Deposit Insurance Corporation this week following Colony Capital’s capture of a 1,660 strong loan portfolio.
1 min read · 05 January 2013
The private equity arm of the French insurer has purchased a majority stake in engineering company Rollon.
1 min read · 05 January 2013
The stake sale puts an end to one of the summer’s hottest private equity infrastructure deals, originally conceived as a €25bn LBO.
2 min read · 05 January 2013
A pending state bill that would force placement agents to register as lobbyists would create two sets of registration, reporting and compliance policies.
3 min read · 05 January 2013
The firms will acquire the bankrupt Sea Island resort in a restructuring that will wipe away $340m of the company's debt.
2 min read · 05 January 2013
Thomas Barrack reportedly admits the timing of the US casino operator’s $5.4bn take-private in November 2007 was poor, telling Bloomberg Markets the firm was now focused on smaller, unconventional deals.
3 min read · 05 January 2013
The Washington DC-based firm has hired former special representative to the US secretary of state Frank Mermoud as a managing director.
1 min read · 05 January 2013
Ed Greene, who led CP Eaton's Asian placement business, has established Diamond Dragon Advisors to advise on alternative investment funds.
2 min read · 05 January 2013
The firm plans to hold a final close in October for its fifth buyout fund, which is targeting $1.3bn.
2 min read · 05 January 2013
For pensions looking to get into infrastructure, the inaugural ranking of the 30 largest infrastructure investors in the world – compiled by Infrastructure Investor magazine – shows that direct investing is the way to build a hefty investment programme in the asset class.
2 min read · 05 January 2013
