Private Equity
Having just acquired a 7.5 percent stake in alternatives giant The Carlyle Group, the Abu Dhabi government fund Mubadala is again looking to make waves with a $3 billion MGM Mirage resort in the city, the first of several such projects.
2 min read · 04 January 2013
UK-listed Candover Investments and Electra Private Equity, and San Francisco-based Lombard Investments have sold their stakes in Dakota, Minnesota & Eastern Railroad Corporation to rival Canadian Pacific after 20 years, although the firms may receive a further return in 18 years time.
1 min read · 04 January 2013
CDC, the UK government-backed emerging markets fund of funds, has nearly quadrupled its allocations to microfinance - the provision of small loans to entrepreneurs in developing nations.
1 min read · 04 January 2013
Terra Firma founder and former banker Guy Hands has said bankers are “whimpering dogs”, who will need to be enticed from their baskets after the credit crunch.
2 min read · 04 January 2013
The UK retailer could become the second FTSE100 retailer to go private after Boots Alliance. In a bid to appease its critics Delta Two has become the first fund to commit to the Walker Report's standards of transparency and disclosure.
2 min read · 04 January 2013
The private equity firms have paid an undisclosed amount for a minority stake in Global Leisure Partners, an advisor and co-investor on private equity deals in the gaming, lodging and leisure industries.
2 min read · 04 January 2013
Pioneer investor relations executive Janet Brooks is leaving ECI after 15 years to join the European operations of US placement firm Monument Group
2 min read · 04 January 2013
PPM Capital, the European mid-market firm, has spun out from financial services company Prudential. The team’s leader Neil MacDougall is pleased to be leaving behind large corporate red tape.
3 min read · 04 January 2013
Navis Capital Partners, the Asia-focussed buyout firm, has closed a fund more than triple the size of its previous fund, as the continent’s buyout firms prosper.
1 min read · 04 January 2013
Intermediate Capital Group, the UK debt investor and fund manager, has recruited for its CDO and institutional mandate team. It is looking to widen its trading expertise with a recruit to its leveraged loans team.
1 min read · 04 January 2013
