Private Equity
The majority of investors led by US private equity firm JC Flowers has rejected Germany’s offer for real estate lender Hypo Real Estate after the board of the bank accepted it. A small minority in the JC Flowers led consortium have agreed to sell their position.
1 min read · 05 January 2013
The team behind the 2006 Balkan Accession Fund is marketing its successor, which may garner a €40m commitment from the EBRD.
1 min read · 05 January 2013
Against the tumultuous economic backdrop, last year investors targeted Europe’s more mature markets at the expense of Central and Eastern Europe.
2 min read · 05 January 2013
Ellis Short, who co- founded Dallas-based Lone Star with John Grayken, has increased his ownership in English Premier League soccer team Sunderland AFC to 100 percent. The investment comes as UAE entrepreneur Sulamain Al Fahim has a bid accepted to buy rival team Portsmouth FC.
2 min read · 05 January 2013
The German government today launched its long-awaited takeover approach for Munich-based property lender Hypo Real Estate. Private equity firm JC Flowers and private equity real estate firm Grove International have said they want to retain their minority shareholding.
1 min read · 05 January 2013
New Look, the fashion chain owned by Permira and Apax, is the latest European retailer to give its private equity sponsors something to smile about.
2 min read · 05 January 2013
Angus Dodd, a former managing director at JER Partners in Europe, has joined US firm Lone Star to search out UK investments.
1 min read · 05 January 2013
The move by the German Financial Markets Stabilisation Fund (SoFFIN) is a prelude to full nationalisation.
1 min read · 05 January 2013
Upstream Systems has attracted backing from London's TLcom Capital and Greek investor Alpha Ventures as it seeks to take advantage of rapid growth in the mobile marketing industry.
2 min read · 05 January 2013
Shareholders of the troubled German lender yesterday approved a government plan to nationalise the bank; JC Flowers has said it may take legal action to safeguard its investment.
2 min read · 05 January 2013
