Lone Star has a plan to keep total control of bankrupt grocer Bi-Lo outside of bankruptcy, while a lending group that includes KKR wants to split control of the company.
2 min read · 08 February 2013
The Hastings Infrastructure Debt Fund III will predominantly lend junior debt to infrastructure projects and businesses in sectors such as utilities, transport, telecommunications and social infrastructure.
1 min read · 08 February 2013
The California Public Employees' Retirement System is reportedly weighing its future relationship with asset manager BlackRock following its investment in the New York Stuyvesant Town deal.
2 min read · 08 February 2013
More on what you need to know about structuring international private equity investments in the People’s Republic of China. By John Forry of Eisner and Steven Bortnick of Pepper Hamilton
9 min read · 08 February 2013
Ravi Sinha will leave the firm to be replaced by Flowers’ Australia head David Morgan. The firm has also recruited former UK regulator Sir Callum McCarthy.
2 min read · 08 February 2013
Pledge funds are gaining steam among newer GP groups trying to make an impression with LPs. But the deal-by-deal funding model has some serious weaknesses that fund managers and LPs need to consider.
5 min read · 08 February 2013
Private equity firms spent 2009 strengthening portfolios and are now looking to invest large amounts of dry powder, a panel in New York told delegates.
3 min read · 08 February 2013
In 2009, Americans have received warning after warning that their governments face alternatively a ‘decade of debt’ or a ‘lost decade’ due to massive, painful and protracted budget deficits that are here to stay. Opportunities are abound for infrastructure investors – but so are the pitfalls.
5 min read · 08 February 2013
Canadian pension plan OMERS is among co-investors in the European venture, which will be led by Tim Flynn, Goldman Sachs’ former European head of leveraged finance.
1 min read · 08 February 2013
Amid speculation the US government could extend the life of one of its bailout programmes, TARP, real estate economist Sam Chandan argues at the PERE Forum that rebuilding the securitisation market would have more impact on the challenges facing the industry.
2 min read · 08 February 2013
