The US business development company has slashed about 44% of its workforce and is trying to negotiate out of a default situation that has paralysed its investment activity.
2 min read · 08 February 2013
The 25-year highways maintenance and management contract is the largest private finance initiative deal in the highways sector by a local UK government. The city hopes to sign the contract later this year and begin implementation in April 2010.
2 min read · 08 February 2013
New York based-Westbrook Partners is seeking to sell Shell-Mex House, a large office building in London, two years after paying £494 million ($831 million; €582 million) for the property.
1 min read · 08 February 2013
The London-listed private equity firm has said reduced competition for deals and the prevalence of distressed sellers are reasons to bolster its dry powder.
2 min read · 08 February 2013
As credit processes from UK banks take longer to complete, firms like Dunedin and Gresham are taking debt finance into their own hands.
2 min read · 08 February 2013
Goodwin Gaw, chairman, co-founded Gaw Capital alongside his brother Kenneth Gaw, president of the group, in 2005. Here he examines the outlook for China's real estate sector, which has seen a serious slowdown since the economic crisis began.
4 min read · 08 February 2013
The McLean, Virginia-based firm is immediately closing its Latin America fund and operations.
2 min read · 08 February 2013
The filing for Chapter 11 this week of Station Casinos could have a damaging impact on the public perception of the private equity real estate industry, argues Zoe Hughes
2 min read · 08 February 2013
US House of Representatives has voted to pass a bill that would give the SEC and the Federal Reserve the power to regulate compensation at private firms with more than $1 billion in assets. The wording of the proposed law excludes most private equity firms, however.
3 min read · 08 February 2013
Today the US House of Representatives voted to pass bill that will give the SEC and the Federal Reserve the power to regulate compensation at financial institutions with more than $1 billion in assets.
3 min read · 08 February 2013
