Private Equity
TPG’s objection comes after Babson Capital and GSC said the proposed bankruptcy financing is unfair to first-lien lenders who do not participate in the financing package.
2 min read · 05 January 2013
The 8-year-old firm led by UK entrepreneur Luke Johnson has raised its first institutional fund so as to be ready for investment opportunities driven by current market distress.
3 min read · 05 January 2013
The firm has raised additional capital for future investment opportunities and to support portfolio companies backed by the firm's 2007 vintage Fund VII, which closed on $1bn.
1 min read · 05 January 2013
The mid-market firm has doubled the size of it predecessor fund and exceeded its target by $500m.
1 min read · 05 January 2013
Infrastructure investors active in the region can expect more club deals by banks and a resurgence of multilateral and export agencies as sources of liquidity, according to project finance lawyers at law firm Shearman & Sterling.
3 min read · 05 January 2013
The China-focused venture capital firm has partnered with Tigermed Consulting on a $50m investment in MacroStat.
1 min read · 05 January 2013
Tim Pfister and Jay Fortin, project finance and M&A lawyers at Patton Boggs in New York, also believe the political climate for foreign investors is likely to improve as the US comes to grips with its massive infrastructure spending needs.
2 min read · 05 January 2013
The New York State Common Retirement Fund committed $550m in January, as the state’s comptroller has called for more flexibility in potentially increasing alternative investments.
2 min read · 05 January 2013
The early stage European venture firm has been in the market since late last summer, as LPs adopt a ‘wait and see’ stance to making commitments.
2 min read · 05 January 2013
The Obama administration has built into its carried interest tax revenue forecast an expectation that GPs will eventually find ways of avoiding the full impact of the new tax.
1 min read · 05 January 2013