The European buyout shop has agreed to another deal through its fourth flagship fund as it tries to raise €6.5bn on Fund V.
2 min read · 14 January 2013
Global Infrastructure Partners has bought Chesapeake Midstream Partners, a portfolio company GIP co-founded in 2009, for $2bn and entered into an agreement to buy another $2bn plus of Chesapeake assets.
2 min read · 15 January 2013
The London and Hong Kong-based hedge fund manager is planning to wrap a $150m real estate opportunity fund around a strategy to unlock opportunistic returns from development and distressed real estate in Myanmar, Mongolia and Vietnam.
2 min read · 15 January 2013
Cerberus acquired Guilford Mills for $107m in 2004, less than two years after the company emerged from bankruptcy.
2 min read · 14 January 2013
The bank has bought a $100 million portfolio of assets in Paris despite a general approach of ‘caution’ towards Europe.
4 min read · 15 January 2013
The private equity-backed investment arm of India-based Hero Group intends to merge with fellow group subsidiary, Hero MotoCorp.
2 min read · 14 January 2013
The industry trade organisation has directed around $80,000 to politicians with influence on Congressional committees considering legislation that would affect private equity.
4 min read · 14 January 2013
Carl Icahn voiced his aim to further explore a potential sale of Chesapeake Midstream, a Chesapeake Energy unit part-owned by Global Infrastructure Partners. The fund manager helped launch the company in 2009.
2 min read · 15 January 2013
A consortium involving APG and PGGM shelled out $277m for a chunk of LBC from infrastructure fund Challenger. The deal will close in the summer.
1 min read · 15 January 2013
The ratings agency argues that ‘institutional investors may not be fully ready to step up their investments on the debt side’. Best case scenario: a small, but significant, project bond market backed by the EIB emerges by 2015, paving the way for a deeper market in the future.
2 min read · 15 January 2013