The UK-based firm has built a large consumer debt collection platform which positions it to buy portfolios of consumer credit card debt from banks that don’t have the resources to service it.
2 min read · 15 January 2013
Blackstone-affiliate GSO Capital Partners has collected more than $2bn for its second mezzanine fund. GSO's fund will compete with other mega-firms that have raised capital to take advantage of the tight credit markets.
3 min read · 15 January 2013
Major Anchorage PPP can move forward after the city was reassured that the bridge project will not hinder business at the Port of Anchorage.
2 min read · 15 January 2013
The firm has already completed its first investment with its fifth European mezzanine fund, backing the buyout of business intelligence provider Bureau van Dijk.
2 min read · 15 January 2013
Capstone Infrastructure has bought 70% of UK-based Bristol Water for $215m, giving the company a ‘platform investment’ in water infrastructure.
1 min read · 15 January 2013
The firm beat its $150m target for its second mezzanine fund, capitalising on a growing strategy amid a slowing credit market.
2 min read · 15 January 2013
In addition to receiving an additional $55m in investment capital, the cargo airline has renegotiated its credit agreements to extend debt maturities to 2015.
2 min read · 15 January 2013
Alternatives managers the Blackstone Group and HIG Capital have both acquired debt management businesses in a bid to further expand their debt capabilities.
2 min read · 15 January 2013
Moody’s believes Amprion’s €3.3bn, 10-year capex programme ‘will not only burden the company’s financial performance, but also test its technical and managerial capabilities’. A consortium of institutional investors led by Commerz Real spent €1.3bn recently acquiring 74.9% of Amprion.
2 min read · 15 January 2013
The US firm has bolstered its FIG portfolio with with a 9% stake in India Infoline Group.
2 min read · 15 January 2013