In a positive sign for the syndication market, three banks – BBVA, Credit Agricole and Natixis – have closed an oversubscribed syndication of £236m of senior secured credit facilities for the SITA South Tyne & Wear waste project.
2 min read · 15 January 2013
The emerging markets-focused firm has set sights on the growth potential of Jordan’s payment market.
1 min read · 15 January 2013
The Los Angeles-based alternative asset manager has purchased the investment business of the Chicago-based debt provider, with the intention of expanding further into commercial real estate lending. Consequently, Ares has formalized its real estate efforts by creating a dedicated team.
2 min read · 15 January 2013
The industry’s European lobbying arm has welcomed the continent’s proposal for a venture capital marketing passport, saying it would help drive growth in the struggling region.
2 min read · 15 January 2013
The Italian infrastructure investor was said to be seeking €100m in damages over the failed placement of an infrastructure fund in 2007. Both parties say the dispute has been resolved ‘amicably’, without mentioning if any damages were paid.
1 min read · 15 January 2013
In its second quarter results, the New York-based asset manager reported that revenue growth in its real estate segment had sextupled, largely from increased management fees, and also revealed a second closing for its latest real estate fund.
3 min read · 15 January 2013
Richard Slocum, a highly-regarded LP who helped craft the ILPA Private Equity Principles, will join the family office of the Johnson Family as CIO.
2 min read · 15 January 2013
Leon Black-led Apollo – which has approximately $10bn in dry powder – believes the volatile markets could be rife with opportunities.
2 min read · 15 January 2013
Leon Black-led Apollo — which has approximately $10bn in dry powder — believes the volatile markets could be rife with opportunities.
3 min read · 15 January 2013
The Franco-Dutch consortium has been awarded a 20-year contract with no traffic risk to widen and refurbish a 46.5km section of Germany’s A9 motorway. Financial close on the availability-based contract is expected over the next couple of months.
2 min read · 15 January 2013