It's leverage people should be talking about.
3 min read · 14 January 2013
The Blackstone Group and AnaCap Financial Partners are planning to invest in Europe’s banking and financial services sector. Deals will include capital from Blackstone Capital Partners VI.
1 min read · 14 January 2013
Federal subdivisions of Germany plan to scrap Germany’s carried interest tax exemption, in effect increasing its tax rate by 20 percent.
2 min read · 15 January 2013
The firm, in which TPG Capital owns a 5% stake, beat its $800m target and closed on $997m. The fund is one of a number of distressed vehicles focusing on opportunities in both the US and Europe.
2 min read · 14 January 2013
As the exit market continues to be challenging, dividend recaps remain a tempting exit option for private equity firms. Loan volume for dividend recaps is now the highest since 2007, according to research.
4 min read · 14 January 2013
Walbrook Capital, a London private investment firm started by former Barclays Capital bankers, has acquired a minority stake in Ireland’s National Asset Management Agency from shareholder, Irish Life.
2 min read · 15 January 2013
Longtime Sankaty LP University of Michigan has committed $40m to the Bain credit affiliate’s latest offering, which is targeting $3.5bn.
2 min read · 14 January 2013
A five-strong banking group has replaced previous financing which was put in place in 2005. The UK's Bristol Airport is owned by Macquarie European Infrastructure Fund and Ontario Teachers Pension Plan.
1 min read · 15 January 2013
A second Ferrovial and Sacyr-managed concession – the AP36 Ocana-La Roda – has gone bust, following last month's bankruptcy of Madrid's R4 ring road. It is the third Spanish road to start Chapter 11 proceedings.
2 min read · 15 January 2013
LeapFrog's David Steel discusses the firm's approach to Indonesia and the Philippines, where it aims to make investments with both financial and social benefits.
3 min read · 14 January 2013