Commerzbank has sold a €1.3bn non-performing loan portfolio to Lone Star Funds and €3.7bn of performing loans to US bank Wells Fargo
2 min read · 15 July 2013
Roger Cozzi, who joined the asset manager earlier this year, will manage the $700m vehicle.
1 min read · 15 July 2013
The deal sees an almost total equity wipe-out for original shareholders AXA PE, Cube Infrastructure and the FSI.
2 min read · 15 July 2013
The loan will finance the construction of a new facility in Sudbury, Ontario.
1 min read · 15 July 2013
Cornerstone’s new hire will report to European head Charles Weeks.
2 min read · 12 July 2013
The bank will put forward €200m to credit enhance a €1.43bn bond for a Spanish gas storage facility.
2 min read · 12 July 2013
The asset manager’s fledgling team will provide €157m to a French PFI project.
2 min read · 12 July 2013
Restructurings in France are seldom easy, but Park Square and ING managed to achieve consensus amongst fellow lenders, shareholders and management.
3 min read · 11 July 2013
The mezzanine firm’s second investment in Meta Pharmaceutical Services brings its exposure to $14m.
1 min read · 10 July 2013
The 15 year old firm, founded by Gerald Timmis and Larry Jennings, is targeting $180m for its latest fund.
1 min read · 09 July 2013
