Private Equity
Asian creditors of the women’s fashion brand are trying to force it into bankruptcy. Ellen Tracy is owned by Wilco Consumer Capital, Radius Partners and Windsong Brands.
2 min read · 05 January 2013
As part of the US REIT’s efforts to reduce its debt load, Maguire Properties is handing over control of seven buildings once valued at more than $1 billion. The properties were bought between 2004 and 2007. LBA Realty is reportedly taking over one asset, Park Place I.
2 min read · 05 January 2013
The superannuation fund has made its first foray into secondaries with a commitment to Partners Group Secondary Fund 2008, which is targeting €2.5bn.
2 min read · 05 January 2013
The alternatives firm has hired a rash of heavy-hitting placement professionals and could launch a third party fund placement group as early the first quarter of 2009.
2 min read · 05 January 2013
The US private equity firm’s air freight business has acquired Texan operator Texas Land and Air.
1 min read · 05 January 2013
The New York-based investment manager has $12.4bn of capital to deploy to real estate and $14bn for private equity. Announcing its second quarter results, Blackstone wrote down its real estate portfolio by 19 percent.
1 min read · 05 January 2013
San Francisco-based Probitas Partners has capitalised on the move by hiring two of Deloitte’s former team to bolster its European business.
2 min read · 05 January 2013
The institution may commit up to $20m in Global Environment Fund’s South Asia Clean Energy Fund, which aims to raise $200m.
1 min read · 05 January 2013
The New York-based private equity real estate firm has reportedly written down its $1.45bn investment in the hotel chain to just $742m as of the end of 2008. It has also written down investments in casino company Harrah's Entertainment and semi-conductor unit Freescale.
2 min read · 05 January 2013
Joining KKR and others already invested in China's dairy sector, the PIPE deal will give Sequoia an 8.7% stake in Beijing-headquartered American Dairy.
2 min read · 05 January 2013