Latrobe Specialty Metals, purchased for $250m in 2006 by Hicks Holdings and The Watermill Group, intends to trade on the New York Stock Exchange under the symbol LAT.
1 min read · 15 January 2013
The state’s $40bn permanent fund may also hire new managers on top of its existing manager suite comprised of Citi, GIP and Goldman Sachs.
2 min read · 15 January 2013
The New York firm has taken possession of an office building on Wall Street after buying a defaulted mezzanine loan from Prudential.
2 min read · 15 January 2013
US private equity firm Lone Star and other creditors are reportedly taking over Tokyo Star Bank as Advantage Partners failed to find investors for the Japanese lender.
2 min read · 15 January 2013
The state has set aside new allocations to private equity, debt and infrastructure and for the first time is searching for managers to invest in timber assets.
1 min read · 15 January 2013
The Australian state originally planned to lease Queensland Motorways to the private sector, but the government has instead transferred the 40-year concession to the state’s superannuation fund in exchange for A$3.1bn.
2 min read · 15 January 2013
The US buyout shop and the IFC have taken almost equal minority stakes in Bombay-listed non-banking finance company Magma Fincorp.
2 min read · 15 January 2013
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
2 min read · 15 January 2013
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
2 min read · 15 January 2013
London-based Mountgrange has teamed up with partners at residential specialist Pluto Capital for a fund aiming to supply £50m of mezzanine loans to help finance residential developments in London and the South East of England. The firm said that the vehicle was the first of its kind in the residential sector.
3 min read · 15 January 2013
