Michael Queen tells PEI 3i is in a 'strong position for the future' and ready to be driven forward by new leadership.
3 min read · 14 January 2013
Michael Queen says 3i is in a 'strong position for the future' and ready to be driven forward by new leadership.
3 min read · 15 January 2013
The New York-based firm, led by former WP Carey executive Edward LaPuma, will be rolling out two real estate vehicles focusing on the sale-leaseback market in North America and Europe and seeking to raise a total of more than $400 million from institutional investors.
3 min read · 14 January 2013
Standard & Poor’s has downgraded 3i’s credit rating to BBB, just two notches above junk status, citing volatile investment performance and persistent negative cash flow.
2 min read · 14 January 2013
Limited partners’ heavy appetite for mezzanine strategies helped Blackstone’s GSO team raise billions to take advantage of a historic opportunity for non-bank lenders in the uncertain markets, especially in Europe.
2 min read · 14 January 2013
Private equity firms that made Taiwan bank investments on optimistic expectations of cross-straits liberalisation now seek to exit in a depressed market.
2 min read · 14 January 2013
The US Senate passed legislation Thursday that would eliminate restrictions prohibiting private equity firms from publicly marketing their funds.
2 min read · 14 January 2013
Multiple industry sources agree Carlyle owners did nothing unusual in using the proceeds from a $500m loan primarily to pay themselves, but some have questioned Carlyle’s public description of the borrowings in 2010.
2 min read · 14 January 2013
The firm has sold a business line of UK engineering company Tomkins, the largest private equity buyout of 2010 at $4.7bn, to Madison Dearborn Partners for $505m.
2 min read · 14 January 2013
The European private equity real estate firm has begun fundraising for its latest opportunistic fund aiming to match Orion European Real Estate Fund III in terms of total equity commitments.
3 min read · 14 January 2013
