The PIPE will give the buyout firm 11.5 million of the bank’s common shares at $10 per share, a 4% premium over Friday’s closing price.
2 min read · 08 February 2013
The $32bn endowment has invested in Oaktree Opportunities Fund VIII, which is targeting between $4bn and $6bn.
1 min read · 08 February 2013
David Hodes and Doug Weill have left the investment bank's real estate placement group to create their own firm, Hodes Weill & Associates. The pair co-founded the real estate placement agent in 2000 with Bill Thompson, who remains at Credit Suisse along with other senior management.
2 min read · 08 February 2013
The Cincinnati-based real estate investment firm secured commitments from nine investors for its fourth vehicle, PERE has learnt. The firm has also bought its first asset, a 170,000-sq. ft Target-anchored centre in Phoenix.
1 min read · 08 February 2013
The New York firm has raised an opportunity fund to acquire mortgage securities, structured products and other opportunities from the US mortgage market.
1 min read · 08 February 2013
The founder and chairman of the Dublin-based firm Quinlan Private is stepping down this month. He has been gradually withdrawing his day-to-day involvement with the firm for at least a year and has been investing his personal wealth in property deals.
2 min read · 08 February 2013
Tom Osborne and Henry Catry review the outlook for infrastructure financing amid the financial crisis.
7 min read · 08 February 2013
The Singapore-listed leisure investment firm and developer has held a final close on its Banyan Tree Indochina Hospitality Fund, short of its original $300m to $400m target. The vehicle's core asset will be the Laguna Hue resort development.
2 min read · 08 February 2013
Private equity firms would have to comply with tighter standards for capitalisation, hold periods and disclosure requirements if proposed rules from US banking regulator FDIC are approved.
2 min read · 08 February 2013
The listed debt investor has launched a fully underwritten rights issue and has raised €475m for its 2008 Recovery Fund.
2 min read · 08 February 2013
