The firms are part of a syndicate buying a $4.5bn portfolio of loans and real estate from failed Chicago-based Corus Bank.
2 min read · 08 February 2013
The firm will use $1bn in equity in to purchase Busch Entertainment's 10 US theme parks, including Sesame Place, SeaWorld and Busch Gardens.
2 min read · 08 February 2013
Barry Sternlicht’s firm has led a consortium of investors in the purchase of loans made to condominiums by the Chicago-based bank, taking advantage of an attractive financing package offered by the failed bank’s receivers.
2 min read · 08 February 2013
Jeff Giller is leaving the San Francisco-based secondaries firm after four years. Josh Cleveland and Brendan MacDonald have already left. The departure triggers a key man clause in Liquid’s $570m LRP Fund IV.
2 min read · 08 February 2013
Invesco, TCW and Blackrock are among the firms that have held initial closings on funds that will buy distressed assets from banks and help reinvigorate the US credit markets.
2 min read · 08 February 2013
The upcoming floatation of Australia's Myer Group shows why private equity firms in Australia and elsewhere need to work on their image.
3 min read · 08 February 2013
The lenders will anchor the German yacht maker with a €55m investment and write down most of its debt. Bain bought Bavaria for €1.3bn in July 2007.
2 min read · 08 February 2013
PERE has just hosted its third annual roundtable discussion in Asia. Among the revelations this year – local capital is rising as a game-changing factor in the region. By Jonathan Brasse
2 min read · 08 February 2013
Why smart data management is essential for general partners, portfolio companies, investors and regulators. By iLevel Solutions
9 min read · 08 February 2013
Renewable energy developer SunRay has reached financial close on a solar power plant project near Rome. €120m of project financing was provided by a three-strong bank syndicate.
1 min read · 08 February 2013
