Starwood Capital, Fortress, DE Shaw and Five Mile have offered $3.5bn for the hotel group’s $4.1bn first mortgage, according to the WSJ.
2 min read · 08 February 2013
Multiples paid for mid-market companies have been falling for two years, but buyout activity has yet to pick up, says a new study.
2 min read · 08 February 2013
A bubbly stock market has generated a clutch of potential IPOs, but the window will not be open forever.
3 min read · 08 February 2013
In this edition of Infrastructure Investor, we take a close look at trends in the North American market for private infrastructure finance.
3 min read · 08 February 2013
US pensions are looking to educate themselves about infrastructure asset managers – the best sign yet that they may yet follow Australian superannuation funds in fueling the growth of the asset class in a big way.
3 min read · 08 February 2013
The Institutional Limited Partners Association has written to suggest amendments to IASB’s latest draft on consolidated financial statements.
2 min read · 08 February 2013
After a year in which almost half of them scaled back their allocations to listed private equity stocks, wealth managers in Europe are starting to look again.
1 min read · 08 February 2013
Around 116 opportunistic funds were seeking to raise $109bn in capital as of August, according to Clerestory Capital Partners. By Q2, 47 funds targeting $35.5bn failed to come to market or were put on hold, particularly emerging market strategies.
2 min read · 08 February 2013
The Japanese fund manager has reportedly handed over control of the Pacific Century Place building that it bought from billionaire Richard Li in 2006 after failing to reach an agreement with creditors.
1 min read · 08 February 2013
Oaktree has been collecting millions from a number of public pensions in the US for two investment vehicles.
2 min read · 08 February 2013