The European buyout firm has teamed up with the security risk consultancy business’ former chairman as it looks to seal its first US deal since opening its New York office in February.
1 min read · 12 January 2013
London-based Evans Randall and its longstanding real estate investment partner and financier, Bank of Scotland, are using the capital to expand the European Property Fund.
1 min read · 12 January 2013
Colony Capital founder and chairman Tom Barrack has lined up more than $1 billion in equity to start buying distressed debt and property companies as the firm searches for the bottom of the market.
1 min read · 12 January 2013
Terra Firma’s turnaround of the music company has run into further difficulties in the same month US bank Citi reportedly failed to sell on £2.4bn of EMI loans.
1 min read · 12 January 2013
The bar code scanner company has agreed to be acquired by Honeywell International after being taken private for $398.5 million in December 2006.
2 min read · 12 January 2013
Vermeer Capital, the turnaround firm, set up by seasoned veterans of French business and restructuring, has raised €75m for its first fund.
2 min read · 12 January 2013
Recently rebranded Istithmar World, backed by the Dubai government, has agreed to purchase a majority stake in US firm Gulf Stream Asset Management.
2 min read · 12 January 2013
Good companies with bad balance sheets and strategies outside the LBO box provide opportunities galore, said firm co-founder Leon Black at the Milken Institute's ongoing conference in Los Angeles.
2 min read · 12 January 2013
The outlook for the US commercial real estate market is generally sound despite the credit crisis, according to a report by real estate management firm, ING Clarion. However ING warns the office sector will be hit over the next two years before recovering strongly in 2010-2011.
2 min read · 12 January 2013
The US bank and the global buyout firm have held talks about the possibility of strengthening co-investment ties, after Merrill Lynch sounded out TPG last year on the possibility of receiving a capital injection from the buyout firm.
2 min read · 12 January 2013