Latrobe Specialty Metals, purchased for $250m in 2006 by Hicks Holdings and The Watermill Group, intends to trade on the New York Stock Exchange under the symbol LAT.
1 min read · 15 January 2013
The state’s $40bn permanent fund may also hire new managers on top of its existing manager suite comprised of Citi, GIP and Goldman Sachs.
2 min read · 15 January 2013
The New York firm has taken possession of an office building on Wall Street after buying a defaulted mezzanine loan from Prudential.
2 min read · 15 January 2013
US private equity firm Lone Star and other creditors are reportedly taking over Tokyo Star Bank as Advantage Partners failed to find investors for the Japanese lender.
2 min read · 15 January 2013
Anis Bibi has resigned from Dubai-headquartered SHUAA Capital, which is slashing 11% of its workforce amid first quarter losses.
2 min read · 15 January 2013
The state has set aside new allocations to private equity, debt and infrastructure and for the first time is searching for managers to invest in timber assets.
1 min read · 15 January 2013
The Australian state originally planned to lease Queensland Motorways to the private sector, but the government has instead transferred the 40-year concession to the state’s superannuation fund in exchange for A$3.1bn.
2 min read · 15 January 2013
The US buyout shop and the IFC have taken almost equal minority stakes in Bombay-listed non-banking finance company Magma Fincorp.
2 min read · 15 January 2013
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
2 min read · 15 January 2013
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
2 min read · 15 January 2013
