Private Equity

Western Europe

Foresight targets €250m for second solar fund

The UK-based alternatives firm closed its first solar vehicle in July on €35m.

1 min read · 05 January 2013

Cerberus-owned retailer offers incentives to landlords to stave off administration

UK home improvement firm, Focus DIY, is to offer its landlords incentives so its lenders agree to extend the term of its debt facility.

1 min read · 05 January 2013

China Development Bank sets up $5bn private equity unit

China Development Financial Company will invest both directly and indirectly in the private equity asset class.

1 min read · 05 January 2013

RREEF hires Cerberus co-head of European real estate

The New York-based firm has hired Robert Cervinka as head of asset management and transactions in Germany.

1 min read · 05 January 2013

Nigerian asset manager, listed Swedish group launch firm

Private equity interest in West Africa continues to gather momentum, the latest example being the establishment of ARM Capital Partners.

1 min read · 05 January 2013

FDIC establishes rules for private equity bank buyouts

The US banking regulator scaled back its proposed rules, easing certain requirements that had attracted industry criticism including Tier 1 leverage ratios.

4 min read · 05 January 2013

Cerberus-backed retailer to strike rescue deal with landlords

Focus DIY is set to halve £12m in potential property costs in a deal illustrating landlords' desire to circumvent vacancies.

2 min read · 05 January 2013

Candover admits flaws in existing structure

As it continues to mull its future business model, the London-listed private equity investor sees the departure of long-time managing director Colin Buffin and finance director Tian Tan.

2 min read · 05 January 2013

Change Capital buys German retailer for €29m

The retail- and consumer-focused firm has carved out a subsidiary of Italian fashion group Stefanel in an all equity deal.

2 min read · 05 January 2013

Brookfield plots move into third party fundraising

The alternatives firm has hired a rash of heavy-hitting placement professionals and could launch a third party fund placement group as early the first quarter of 2009.

2 min read · 05 January 2013

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