Private equity firms that made Taiwan bank investments on optimistic expectations of cross-straits liberalisation now seek to exit in a depressed market.
2 min read · 14 January 2013
The US Senate passed legislation Thursday that would eliminate restrictions prohibiting private equity firms from publicly marketing their funds.
2 min read · 14 January 2013
The Bahrain-based investment firm, which invests in private equity and real estate, filed for Chapter 11 bankruptcy protection with the US Bankruptcy Court for the Southern District of New York after failing to refinance a $1.1 billion credit facility.
2 min read · 14 January 2013
Multiple industry sources agree Carlyle owners did nothing unusual in using the proceeds from a $500m loan primarily to pay themselves, but some have questioned Carlyle’s public description of the borrowings in 2010.
2 min read · 14 January 2013
The firm has sold a business line of UK engineering company Tomkins, the largest private equity buyout of 2010 at $4.7bn, to Madison Dearborn Partners for $505m.
2 min read · 14 January 2013
The European private equity real estate firm has begun fundraising for its latest opportunistic fund aiming to match Orion European Real Estate Fund III in terms of total equity commitments.
3 min read · 14 January 2013
Expro International, the oilfield services portfolio company of Arle Capital Partners, has sold off its manufacturing business to Siemens for $630m.
2 min read · 14 January 2013
Caiman Energy – which is backed by US fund managers EnCap Flatrock Midstream and Highstar Capital – is selling wholly owned gas gathering and processing subsidiary Caiman Eastern Midstream to Williams Partners, a master limited partnership focused on natural gas transportation.
2 min read · 15 January 2013
The Austrian developer has successfully diversified its funding sources, raising €40m more than the €100m it had originally anticipated due to what it described as ‘high investor demand’.
1 min read · 15 January 2013
The New York-based investment and advisory firm has agreed to take control of €100 million of real estate loans from French bank Société Générale, which last year signalled a retreat from the sector.
2 min read · 14 January 2013