Fortress shares doubled after the US Treasury outlined plans this week to buy up to $1trn in toxic assets by combining public and private equity. Blackstone and Och-Ziff have also seen their stocks rise.
2 min read · 08 February 2013
The Lake Oswego, Oregon-based firm is targeting $200m for its Real Estate Distress Fund. The vehicle will focus on distressed multifamily apartments, particularly in the Sunbelt states.
1 min read · 08 February 2013
Recently voted best law firm for fund formation in Europe in the Private Equity International Awards 2008, SJ Berwin has identified China and East Asia as 'critical markets for the future', according to senior partner Jonathan Blake. The firm will open its 10th office in Hong Kong – its first outside Europe.
2 min read · 08 February 2013
Lone Star paid $660m for regional US supermarket chains Bi-Lo and Bruno's in 2004. In 2007, the private equity firm began trying to sell Bi-Lo, a Southern US supermarket operator that has been unable to refinance a maturing term loan amid current credit market conditions.
2 min read · 08 February 2013
Private funds and investors are essential to the US Treasury’s plan to rejuvenate credit markets with the purchase of banks’ real estate-related toxic assets.
3 min read · 08 February 2013
Vivek Paul, a former TPG Ventures partner and CEO of Wipro Technologies, has set up his own private equity firm and has reportedly started raising capital for a $400m fund.
2 min read · 08 February 2013
Private funds and investors are essential to the US Treasury’s plan to rejuvenate credit markets with the purchase of banks’ toxic assets.
3 min read · 08 February 2013
The UK government’s safety net, which now contains around £400bn of banks’ risky assets, could delay refinancing procedures and cause lenders to encourage corporate defaults.
2 min read · 08 February 2013
The San Francisco-based secondary specialist estimates some $5bn in venture secondary assets are up for grabs.
2 min read · 08 February 2013
Dutch Liquefied Natural Gas has been forced to pay heavily for an expansion loan – and to rely on support from the European Investment Bank after two of its orginal funders pulled out
1 min read · 08 February 2013
