The escalating credit crisis has claimed another company after Ciena Capital, the real estate lender backed by private equity fund manager Allied Capital, filed for bankruptcy protection warning the value of its assets had ‘significantly’ deteriorated.
1 min read · 12 January 2013
The emerging markets specialist has invested $10m from its Central Asia fund in equipment leasing finance company Leasing Group. Launched last year, the fund has raised $60m of its $100m target.
2 min read · 12 January 2013
The emerging markets specialist has invested $10m from its Central Asia fund in equipment leasing finance company Leasing Group. Launched last year, the fund has raised $60m of its $100m target.
2 min read · 12 January 2013
The US government agency has made its largest renewable energy investment to date via commitments to to six global private equity funds including Middle East & Asia Capital Partners and US Renewables Group.
2 min read · 12 January 2013
Thomas Gahan will take over the media and telecom-focused firm’s $1bn debt investment programme, which is exploring investment opportunities in the stagnant credit markets.
2 min read · 12 January 2013
Founder Wesley Edens has said the firm will not pay a third quarter dividend in order to retain capital for ‘tremendous opportunities’ in banks, insurance companies and other asset management businesses.
1 min read · 12 January 2013
The ailing savings and loan had previously sought to be taken over by banking giants JPMorgan and Citi, but as such talks have not yet resulted in any deal, the bank is reportedly seeking a deal with Blackstone or Carlyle.
2 min read · 12 January 2013
The US government agency has made its largest renewable energy investment to date via commitments to to six global private equity funds including Middle East & Asia Capital Partners and US Renewables Group.
2 min read · 12 January 2013
Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.
2 min read · 12 January 2013
Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.
2 min read · 12 January 2013