The cash infusion will help Goodman meet liabilities this year. The Australian property group says the agreement with CIC also envisages the pair working on a broader strategic relationship.
2 min read · 08 February 2013
Lending by active financial institutions declined by $15bn between 2007 and 2008, according to Cushman & Wakefield Sonnenblick Goldman. Life companies have moved to fill some of the capital void but their 2009 originations will be 20% down on 2008 levels.
2 min read · 08 February 2013
The European and Asian Special Situations fund has up to $300m in capital soft-circled and is targeting a first close this June.
1 min read · 08 February 2013
The Boston buyout firm may allow LPs in a private credit-opportunity fund to cancel participation if they agree instead to a planned $300m listed credit vehicle.
2 min read · 08 February 2013
A debate is dividing the infrastructure community as to whether the $2.5bn Midway Airport deal fell apart because of bad timing or poor decision-making. Cezary Podkul weighs up the arguments.
10 min read · 08 February 2013
Bernard Sheahan is the man behind the IFC’s new Infrastructure Crisis Facility: a $10bn pot of money that could lend to your project or invest in your next infrastructure fund. Cezary Podkul asked him about his vision for the facility, how investors can get access to it, and why it is of such critical importance at the current time
10 min read · 08 February 2013
Pennsylvania said the recession and credit crisis upended the bidding process, which will resume when financial market conditions improve. In the meanwhile, $25m of commonwealth funds will be used to make the project more attractive to the private sector.
2 min read · 08 February 2013
After a busy month spent whizzing across New York from one industry gathering to the next, Cezary Podkul reports back with his Top 10 insights into the key trends in infrastructure
6 min read · 08 February 2013
The New York-based private equity real estate firm, led by former Warburg Pincus executive Reuben Leibowitz, has joined forces with Carl Mulac to create Joseph Carl Homes targeting distressed infill land deals in Phoenix.
2 min read · 08 February 2013
The Los Angeles-based turnaround firm will operate Delphi out of bankruptcy. General Motors, which filed for bankruptcy Monday, will take over certain Delphi plants and provide the company with $250m in bankruptcy financing.
2 min read · 08 February 2013
