Bain and TH Lee have pushed back the closing deadline by six months for their $27.5 billion buyout of Clear Channel. Goldman Sachs recently did the same for its $1 billion buyout of Myers Industries.
2 min read · 12 January 2013
The buyout group continues to enhance its debt market activities with closure of its first ever ‘credit liquidity’ fund.
2 min read · 12 January 2013
The private equity firm has agreed to buy $500 million in common shares of MBIA Insurance, and has backstopped an additional $500 million for a shareholder rights offering to be held in the first quarter of 2008.
1 min read · 12 January 2013
Differences remain between European and US investors, according to the latest research. The former also backed the re-emergence of European venture as opposed to their circumspect peers in the US.
2 min read · 12 January 2013
Palamon Capital Partners has carried out its ninth investment for its latest fund as it looks to benefit from the growth of online clothes shopping.
1 min read · 12 January 2013
Palamon Capital Partners has carried out its ninth investment for its latest fund as it looks to benefit from the growth of online clothes shopping.
1 min read · 12 January 2013
Standard Life European Private Equity Trust has seen an increase in net asset value, though its chairman says problems in the global credit markets will mean a quieter period for draw-downs and distributions.
2 min read · 12 January 2013
Intermediate Capital Group, the UK debt investor and fund manager, has recruited for its CDO and institutional mandate team. It is looking to widen its trading expertise with a recruit to its leveraged loans team.
1 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
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
