Apollo and Texas Pacific face excruciating regulatory approvals in their $15.5bn buyout bid for Harrah's.
4 min read · 12 January 2013
FIRST ROUND 2006-11-01 Staff Writer Here's a tip for the GP who needs to close a deal in a timely manner – be pregnant. This pressure tactic worked brilliantly for Raquel Vargas Palmer, a principal at New York-based distressed investor KPS Special Situations Fund. Palmer, who led the firm in its turnaround a
2 min read · 12 January 2013
Lawton Fitt, who became the first female partner in Goldman Sachs’ equity division in 1994, has been hired by distressed-investment firm GSC Partners as a senior advisor and as a member of the firm’s board of advisors.
2 min read · 12 January 2013
The affiliate of publicly traded buyout firm American Capital will expand its European franchise beyond its initial London and Paris footholds.
1 min read · 12 January 2013
The Dallas-based firm has acquired B-Line, which purchases and services bankrupt consumer receivables.
2 min read · 12 January 2013
The private equity real estate firm has signed a pre-let with Zurich Italia in what has been billed as the most important leasing transaction in Italy in the last five years.
2 min read · 12 January 2013
The fourth deal of the year for the Italian mid-market firm takes them closer to launching fundraising as its current fund is 80 percent committed.
1 min read · 12 January 2013
Ripplewood Holdings, a US private equity firm, and Videoncon Industries, an Indian strategic partner, have won the race to acquire Korea’s Daewoo Electronics in a transaction worth a reported $700 million.
1 min read · 12 January 2013
The ratings agency has downgraded £100m of mezzanine loans for Focus, a do-it-yourself retailer owned by Duke Street Capital and Apax Partners, over the increased possibility of a default.
2 min read · 12 January 2013
Higher levels of debt in private equity buyouts in Europe has increased risks for financial institutions warns a report from De Nederlandsche Bank, the Dutch central bank.
2 min read · 12 January 2013