Private Equity
Wilbur Ross is forming a joint venture with the former chairman of CVSCaremark to take advantage of opportunities created by US healthcare reform.
2 min read · 05 January 2013
With poor fund performance putting pressure on carry, many GPs believe the incentive to spin out has ‘never been greater’.
2 min read · 05 January 2013
The UK’s £3.9bn pension lifeboat, which earlier this year created a 20% allocation to alternatives, will hire managers to run a credit strategy within the alternatives carve-out.
1 min read · 05 January 2013
The distressed investment shop of Wilbur Ross has joined a group that is buying a 25% stake in Sun National Bank.
2 min read · 05 January 2013
Having bid for Northern Rock two years ago, the New York-based firm has reportedly tabled a £50m bid for mutual lender Kent Reliance.
1 min read · 05 January 2013
The firm's prior direct investment fund collected $443 million in 2006.
1 min read · 05 January 2013
The firm has named former JPMorgan executive Robert McGuire as a 'senior member' responsible for overseeing the expansion of the firm's investment activities in Europe.
1 min read · 05 January 2013
A debate in the House of Lords over the EU’s pending AIFM legislation yielded little progress, as key issues including third country rules and disclosure requirements have yet to be resolved.
3 min read · 05 January 2013
The main backers of Spain's Abertis - whose assets include Luton Airport - are 'exploring' options that could include a €25bn buyout.
2 min read · 05 January 2013
Argos Soditic has acquired a 70% stake in industrial engineering firm Termoindustriale, while its SME-focused affiliate has raised €45m.
1 min read · 05 January 2013
