Private Equity
The largest commercial property lender in Germany and one of the largest in Europe is merging its European structured finance team, likely to lead to 10 job losses.
1 min read · 05 January 2013
The New York-based turnaround firm has made three acquisitions as part of the platform, including the purchase of Labatt USA for an undisclosed amount.
2 min read · 05 January 2013
The German government is reportedly taking legislative action which could force a consortium led by US firm JC Flowers to sell its 24% stake in stricken Germany-based commercial real estate lender, Hypo Real Estate.
1 min read · 05 January 2013
The $700m sale of medical device company CoreValve vindicates the venture firm’s strategy, proving wrong pundits who thought the firm the ‘last of the early stage Mohicans’, according to managing partner Antoine Papiernik. The deal is expected to generate more than 10x for the firm’s investors.
2 min read · 05 January 2013
The value of deals in the Continental European buyout market has hit a seven year low. Research for 2008 shows it is down 60% from the €108.2bn-worth of deals done in 2007, due largely to the scarcity of debt and disappearance of mega-deals.
2 min read · 05 January 2013
Mithras Investment Trust recently decided to cease new commitments and return cash to investors. Coupled with setbacks revealed by fellow publicly traded European funds, including those affiliated with Candover and Permira, the sector’s future course remains unclear.
4 min read · 05 January 2013
Cerberus, HgCapital, Apollo and Gold Hill are among the GPs to see agreed commitments evaporate as the Pennsylvania Public School Employees' Retirement System retrenches.
2 min read · 05 January 2013
Effective 1 January 2009, Sir John Collins, former chief executive officer of oil giant Shell’s UK operations, will join the company’s six other non-executive directors.
1 min read · 05 January 2013
After 2008 saw 16.6 percent wiped off the value of UK houses, there are signs that confidence is returning to the residential sector with respondents to a recent survey saying they view it as a time to buy.
2 min read · 05 January 2013
The head of Gresham’s London office has left the UK mid-market firm after almost a decade.
1 min read · 05 January 2013
