In the latest example of a private equity firm acquiring a Canadian income trust following a change to Canada's tax policy, Sentinel will pay $57 million to reacquire yarn company Spinrite.
2 min read · 12 January 2013
The UK Treasury has made clear it can offer no guarantee of prolonged funding, causing potential bidders to make cautious indicative offers.
3 min read · 12 January 2013
Jeppe de Boer has left Goldman Sachs for Renaissance Capital, stating that markets such as Russia continue to show huge appetite for development.
1 min read · 12 January 2013
Participants at the 2007 PERE Forum in New York discussed the credit crunch and the outlook for US private equity real estate performance, but much of the talk centered on investor enthusiasm for emerging markets property.
2 min read · 12 January 2013
Cerberus is joining KKR, Goldman Sachs and JC Flowers to become the latest buyout firm to walk away from a megadeal agreed before the liquidity crisis.
2 min read · 12 January 2013
Terra Firma founder and former banker Guy Hands has said bankers are “whimpering dogs”, who will need to be enticed from their baskets after the credit crunch.
2 min read · 12 January 2013
French investment firm Eurazeo’s consolidated revenues rose across the board with buyouts contributing 97.1 percent. The firm recently rejigged its financing package for its €2.3 billion Elis bid in response to the credit crunch.
2 min read · 12 January 2013
Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.
1 min read · 12 January 2013
New York Life Capital Partners has doubled its capital and LPs for its second mezzanine fund, as demand for mezzanine debt soars amid a credit liquidity freeze.
1 min read · 12 January 2013
Dubai International Capital has jointly raised a $300 million infrastructure and energy fund with two other firms as the Middle Eastern investor continues at a frenetic pace.
2 min read · 12 January 2013
