The PIPE will give the buyout firm 11.5 million of the bank’s common shares at $10 per share, a 4% premium over Friday’s closing price.
2 min read · 08 February 2013
The US private equity firm continues its search for an exit from the Korean bank after reported discussions with TPG and Oaktree failed to produce a deal.
1 min read · 08 February 2013
The buyout giant is negotiating a capital restructuring of BorsodChem, the chemicals business it acquired for €1.6bn in 2006.
2 min read · 08 February 2013
Fundraising is down $8.1bn from $36.3bn raised in 2007. This downward trend could change in 2009 as 85 infrastructure funds are fundraising this year, according to a study by the accounting firm.
2 min read · 08 February 2013
Real estate funds raised $29.7 billion in 2008, almost twice the capital raised in 2007.
3 min read · 08 February 2013
The $32bn endowment has invested in Oaktree Opportunities Fund VIII, which is targeting between $4bn and $6bn.
1 min read · 08 February 2013
Appu Mondassery, Highland Capital's former London head, will steer the HIG affiliate's European distressed debt activities including debt-for-equity restructurings.
2 min read · 08 February 2013
The London-based private equity firm would pay $28.50 per share for the company Bankrate.com. The all-equity deal is a 15.8% premium over the stock’s close price on Tuesday.
2 min read · 08 February 2013
The US rental apartment sector is expected to ‘bounce’ along the bottom for another 18 months before rents start to grow and in some cases grow substantially. However some multifamily owners should consider selling now if their assets are not in prime shape and in great locations, Caldera Asset Management tells PERE.
2 min read · 08 February 2013
A $30 million AUM threshold proposed by the Obama administration would likely force nearly all private equity firms to register as investment advisers.
6 min read · 08 February 2013
