Spain has finally created a ‘bad bank’, which means the opportunity to buy property at big discounts is coming. December 2012/January 2013 issue.
4 min read · 15 January 2013
After turning down an offer reportedly worth £520m in the summer, Montagu and GIP are set to cede control of Biffa to a quartet of senior lenders.
2 min read · 14 January 2013
The Port of Greater Cincinnati Development Authority, a public sector office dedicated to economic development, is competing to win a parking concession. The authority is offering $40m.
1 min read · 15 January 2013
The partnership between Silver Lake and billionaire George Soros will expand German recycled plastics company friedola Tech by opening a new manufacturing facility in the US.
2 min read · 14 January 2013
Jared Waldron has joined Northleaf Capital. The Toronto company is raising its debut infrastructure fund.
1 min read · 15 January 2013
The firm’s first energy mezzanine fund collected nearly double its $750m target and has already made six investments in both power generation and oil and gas assets.
2 min read · 14 January 2013
The firm has sealed its third and largest investment of 2012 by investing $700m in insurance broker USI.
2 min read · 14 January 2013
The former Wall Street banking giant has agreed to sell its single largest asset to two REITs in lieu of an IPO.
2 min read · 15 January 2013
Australia’s busiest airport, which is run by former Macquarie executives, has raised more than A$1bn in senior debt facilities, addressing all of its debt that was scheduled to mature next year. The refinancing confirmed the airport’s BBB credit rating.
2 min read · 15 January 2013
Philippe Benaroya, Chris Wrenn and Gilles Lengaigne – who worked together at Blackstone/GSO for over 10 years – are launching BlackRock’s European infrastructure debt Investment unit in London. The team will target investment grade infrastructure debt investments for insurers and other investors.
2 min read · 15 January 2013
