Private Equity
The US lobbying group for a dozen or so mega-firms is keen to support new regulations in the States, but warns the bulk of the US private equity industry - thousands of lower mid-market firms - may be adversely affected by proposed registration requirements.
2 min read · 05 January 2013
The real estate arm of the Middle Eastern investor has bought a senior mortgage loan, a B-note and two mezzanine loans backed by properties in Washington DC, New York and Los Angeles.
1 min read · 05 January 2013
The Quadrangle co-founder will not return to the private equity firm, a source said. Shortly after Rattner’s departure in February, the firm became swept up in the ongoing pension pay-to-play scandal, with Rattner himself mentioned as playing a role. He has not been charged with wrongdoing.
2 min read · 05 January 2013
The buyout firm has partnered with media conglomerate Bertelsmann to develop a global music rights management business. BMG Rights Management has contracts with artists including 80s pop band A-ha, Welsh DJ Sasha and German hip hop and reggae artist Peter Fox.
2 min read · 05 January 2013
The San Francisco-based firm has acquired the wireless communications arm of German tech firm Infineon.
2 min read · 05 January 2013
The real estate arm of insurance firm Prudential has hired Jack Taylor, Steven Plust and Stephen Alpart as it builds its debt investment operations. Taylor will be head of PREI's global high yield debt business.
2 min read · 05 January 2013
Howard Yellen has been hired to help the firm develop its defense platform.
1 min read · 05 January 2013
Less than two months after acquiring Oriental Brewery in a blockbuster deal, KKR is selling half the brewer to Affinity Equity Partners for $400m.
2 min read · 05 January 2013
A recent study shows the world's largest private equity fund of funds managed $177bn last year, a 27% rise from 2007.
2 min read · 05 January 2013
Barry Sternlicht has launched Starwood Property Trust to target commercial and residential real estate debt opportunities, using financing from the US government’s bailout packages, TALF and PPIP. The next five years will be ‘one of the most attractive investment periods in the past 50 years’.
2 min read · 05 January 2013
