Private Equity
The California-based firm is buying the newspaper, which has a weekday circulation of 270,000, as the newspaper industry continues to contract amid plummeting sales.
2 min read · 05 January 2013
The energy-focused private equity firm has hired former US diplomat and Goldman Sachs executive Peter Coneway as it seeks $6bn for its latest joint fund with Carlyle.
1 min read · 05 January 2013
Senator Carl Levin’s Stop Tax Haven Abuse Act would pose problems for GPs and LPs alike.
2 min read · 05 January 2013
The private equity firm, which first bought into MBIA in 2007, has increased its stake after the bond insurer separated its municipal bond insurance arm from its mortgage-backed insurance unit in an attempt to restructure.
2 min read · 05 January 2013
Louis Friedman, who has a long history as a dealmaker on Wall Street, is now corralling investors for a deal-by-deal private equity platform.
2 min read · 05 January 2013
The UK private equity firm has made its debut Spanish and solar investments with the acquisition of stakes in three photovoltaic plants in a secondaries transaction.
1 min read · 05 January 2013
As we continue to see casualties of the global economic crisis in Asia, it is worth noting that many of the headline private equity victims so far have been Western firms attempting to expand into Asia, writes Jenny Blinch.
3 min read · 05 January 2013
Fortress has attributed its $162m loss last year to non-cash adjustments for fair value write-downs and clawback reserves. But the firm remained upbeat on an analyst call, with chief executive Wes Edens forecasting an opportunity-laden ‘great liquidation’ of financial services assets following the current recession.
3 min read · 05 January 2013
The infrastructure heavyweight will scale down its business in response to a decline in deal flow and profitability.
2 min read · 05 January 2013
The insolvent maker of aluminium products received court approval for a $1.075bn bankruptcy financing package despite objections from various lenders, including its owner TPG, and lenders Babson Capital and GSC Group.
2 min read · 05 January 2013
