US legislators want regulators to determine if certain structures encourage undue risk taking at finanical firms with more than $1bn in assets.
3 min read · 08 February 2013
Trilyn managing director Mark Antoncic has warned limited partners to band together and be assertive when trying to preserve their investments. In some cases, this could involve replacing the GP.
2 min read · 08 February 2013
The FIG-focused firm is deploying a recently closed €575m fund, having in May become the first private equity firm to buy a UK bank.
2 min read · 08 February 2013
The Gores Group joint venture with Siemens has stepped into a raucous bankruptcy fight for business units of bankrupt Nortel, for which a company backed by TPG and Silver Lake has already bid.
2 min read · 08 February 2013
The world’s largest manager of infrastructure assets says it expects its half-year profit to grow even as Macquarie Capital, its investment banking division, continues to show weak results.
2 min read · 08 February 2013
In several high-profile cases, investment performance will be determined by how well the GPs perform in bankruptcy situations, writes Christopher Witkowsky.
3 min read · 08 February 2013
After much publicity over its $5bn debt-load, the Colony Capital-backed casino operator has filed for bankruptcy protection.
2 min read · 08 February 2013
The co-founder of Dune Real Estate, Daniel Neidich, takes the helm as chairman of the Real Estate Roundtable. The lobby group is currently pressing for changes governing REMICs and foreign investment in US real estate to help ease the liquidity crisis gripping the industry.
2 min read · 08 February 2013
The PIPE will give the buyout firm 11.5 million of the bank’s common shares at $10 per share, a 4% premium over Friday’s closing price.
2 min read · 08 February 2013
The US private equity firm continues its search for an exit from the Korean bank after reported discussions with TPG and Oaktree failed to produce a deal.
1 min read · 08 February 2013