Private Equity
The US-based cable provider, whose primary bondholders include Apollo and Oaktree Capital Management, has obtained support for a pre-arranged bankruptcy plan intended to reduce its debt load by $8bn.
2 min read · 05 January 2013
The Indian private equity firm is also reportedly on the verge of making a first close on its $800m Asian infrastructure growth fund.
1 min read · 05 January 2013
The two firms will raise a ¥30bn fund to invest in Asian tech companies.
2 min read · 05 January 2013
The Blackstone Group refused a request from the US Securities and Exchange Commission for more information on fund performance and bonus compensation, arguing that information about individual IRRs is not 'a meaningful measurement of our results of operations'.
2 min read · 05 January 2013
The New York Stock Exchange-listed Macquarie satellite will use cash accumulated from the dividend suspension to accelerate reduction of its $1.8bn debt burden. It may also seek bankruptcy protection for its heavily indebted airport parking business, which has seen revenues erode due to slower airline traffic.
2 min read · 05 January 2013
Fortress shares doubled after the US Treasury outlined plans this week to buy up to $1trn in toxic assets by combining public and private equity. Blackstone and Och-Ziff have also seen their stocks rise.
2 min read · 05 January 2013
When the dust of the financial crisis settles, Sub-Saharan Africa will throw up some compelling investment opportunities.
1 min read · 05 January 2013
The Canadian investor has bid two-thirds over the share price to gain control of Macquarie Communications Infrastructure Group, which has a debt burden of more than A$5bn
1 min read · 05 January 2013
David Snow examines what America’s Public-Private Investment Program for troubled assets means for private equity.
2 min read · 05 January 2013
The Boston-based firm has purchased a 51% stake in Fifth Third Bancorp’s financial institutions processing business as it continues to build its pay processing platform.
2 min read · 05 January 2013
