Private Equity
The German retailer needed state loans to renew credit lines worth up to €710m by Friday. That request was denied. Goldman Sachs’ Whitehall funds, RREEF, Pirelli Real Estate, Generali and the Borletti Group own a portfolio of Arcandor real estate.
2 min read · 05 January 2013
The buyout giant’s European technology team is returning to invest in Personal & Informatik, a German provider of human resources software and consulting, having exited the company in 2007.
2 min read · 05 January 2013
The mid-market firm, established by Robert Bass in the 1980s, secured the backing of major pension investors for its latest investment vehicle.
1 min read · 05 January 2013
Administrators to Lehman Brothers in Europe have put the first few propety assets up for sale, most of them being joint ventures. PricewaterhouseCoopers says it has logged more than 300 expressions of interest in Lehman’s real estate investments since the bank collapsed.
1 min read · 05 January 2013
The Lightstone-backed hospitality chain is in discussions to turn over the company to its lenders, according to a report. New Jersey-based private real estate company Lightstone acquired Extended Stay from Blackstone last year for $8bn.
2 min read · 05 January 2013
Carlyle-backed education investor Apollo Global has agreed to delist BBP – a UK- and Europe-based provider of education services for lawyers, accountants and the financial services sector, which is reporting increasing revenues despite the economic downturn.
1 min read · 05 January 2013
The European mezzanine veteran will evaluate credit opportunities for Clayton, Dubilier & Rice.
1 min read · 05 January 2013
The listed private equity firm has raised more than £730m, which it will use to continue its de-levering process. Other listed private equity stocks reacted well to the news Friday.
2 min read · 05 January 2013
The former head of 3i Asia will preside over a review of SME funding in the UK and decide whether a state-backed equity investor will be needed to boost the economy. 3i was founded in 1945 under similar circumstances.
2 min read · 05 January 2013
The Italian energy group has sold an 80% stake in Enel Rete Gas for €480m to a consortium including F2i and AXA Private Equity. The sale will help reduce Enel Group’s debt by over €1.2bn.
2 min read · 05 January 2013
