While distressed real estate continues to create some of the firm’s best investment opportunities, Europe has been a lesser source of deal flow than anticipated.
3 min read · 21 February 2013
Buffett partners 3G for $28bn Heinz deal 2013-02-14 Christopher Witkowsky Warren Buffett’s Berkshire Hathaway has partnered with Brazilian investment firm 3G Capital to buy Heinz in what would be one of the largest-ever buyouts in the global food industry. “It was exciting coming into Pitts
2 min read · 21 February 2013
Cairn Capital is set to launch only the third CLO fund marketed to European institutional investors since 2008 in what could be a test case for the industry.
3 min read · 08 February 2013
The Government of Singapore Investment Corporation has agreed to underwrite £1bn of loans sourced by London-based Laxfield Capital.
2 min read · 11 February 2013
The New York-based retirement fund is looking to enter the senior real estate debt arena in Europe, building a team first in the UK and before expanding into continental Europe.
2 min read · 11 February 2013
Market participants are urging European regulators to reassess CLO rules, which they believe have barred new CLOs being raised since the credit crisis.
2 min read · 08 February 2013
Standard & Poor’s estimates private debt sources – what it calls ‘shadow banking’ – can provide up to $25bn of project finance loans this year. However, it warns its ‘opaque nature’ carries certain risks.
2 min read · 07 February 2013
The volume of non-bank lending into Europe has been described as “extraordinary” in a recent report gauging attitudes towards the European distressed debt space, which suffered a difficult year as the expected wave of restructurings failed to materialise.
3 min read · 07 February 2013
The insurance company is providing a 30-year, fixed rate tranche as part of a €100m loan put together by Natixis for a French prisons PPP. The deal is the first from a €2bn debt partnership between the French bank and Ageas, signed last October.
2 min read · 14 February 2013
The UK high-speed rail line has completed a £1.6bn refinancing which includes a heavily oversubscribed UK bond issue.
2 min read · 07 February 2013
