Private Equity
Thayer will buy $307m for Interstate Hotels & Resorts in a 50-50 partnership with Shanghai Jin Jiang International Hotels. IHR shareholders have yet to vote on the plans.
2 min read · 05 January 2013
A debate by ministers over stringent regulations for EU fund managers was temporarily cancelled following interventions by the UK Prime Minister Gordon Brown.
4 min read · 05 January 2013
Pennsylvania State Employees’ Retirement System, a Permira LP, has expressed ‘serious concerns’ about the firm’s planned closure of a Hugo Boss plant in Ohio.
2 min read · 05 January 2013
The Association of Real Estate Funds (AREF), which represents UK unlisted vehicles, and the Property Industry Alliance (PIA), made up of various UK property associations, have fired off letters to the Treasury in London and the UK’s Financial Services Authority amid concerns about a European Union draft directive that has huge implications for private equity real estate funds operating in Europe.
3 min read · 05 January 2013
The firm had offered $2.4bn, which included the assumption of debt, to acquire Ohio-based Cedar Fair. The deal did 'not have the required level of investor support', the company said.
2 min read · 05 January 2013
The Jon Moulton-led firm is investing £13m in the UK business of Reader's Digest, an investment that will pull the business out of administration.
1 min read · 05 January 2013
The US Treasury Secretary said in a second letter the US is bolstering its regulatory approach to alternatives with registration requirements.
2 min read · 05 January 2013
The two giants of the private equity world are joining forces to buy a number of RBS branches.
1 min read · 05 January 2013
The Wes Edens-led firm is approaching LPs in a 2007 $1.2bn co-investment fund for money to pay down debt in the portfolio.
1 min read · 05 January 2013
The former head of European private equity at the Dubai firm, Eric Kump, will make his debut in Carlyle's London office today.
1 min read · 05 January 2013
