Private Equity
The German government today launched its long-awaited takeover approach for Munich-based property lender Hypo Real Estate. Private equity firm JC Flowers and private equity real estate firm Grove International have said they want to retain their minority shareholding.
1 min read · 05 January 2013
Aureos Capital, a private equity firm, focused on Asia, Africa and Latin America, has held a first close on a fund aimed at investing in Africa’s fledgling health sector. LPs include the IFC, The African Development Bank and The Gates Foundation.
2 min read · 05 January 2013
The San Francisco-based firm’s latest purchase amid the downturn is women’s clothing label J Jill. Under the terms of the deal, Golden Gate, which is investing from its $1.8bn second fund, will close 75 J Jill stores, leaving 204 stores still in operation.
1 min read · 05 January 2013
Angus Dodd, a former managing director at JER Partners in Europe, has joined US firm Lone Star to search out UK investments.
1 min read · 05 January 2013
The move by the German Financial Markets Stabilisation Fund (SoFFIN) is a prelude to full nationalisation.
1 min read · 05 January 2013
Chinese private equity investors have reportedly acquired a 20% stake in Chery Automobile for $293m.
2 min read · 05 January 2013
The three US firms are reportedly up against Development Bank of Japan and an investment arm of Daiwa Securities, in the $1.1 billion auction for troubled J-REIT, New City Residence.
1 min read · 05 January 2013
As the muted market for IPOs shows some tentative signs of life, buyout house KKR has unveiled an agreement with Fidelity to open up new retail distribution possibilities.
2 min read · 05 January 2013
The European buyout house is the latest financial sponsor to enter negotiations with lenders. Elsewhere, lenders to roofing company Monier are trying to seize control of the business from private equity firm PAI.
2 min read · 05 January 2013
The investment in Bahrain Maintenance and Diving Services represents the sixth deal from Unicorn's debut fund, now fully invested.
1 min read · 05 January 2013
