The San Francisco-based secondary specialist estimates some $5bn in venture secondary assets are up for grabs.
2 min read · 08 February 2013
Dutch Liquefied Natural Gas has been forced to pay heavily for an expansion loan – and to rely on support from the European Investment Bank after two of its orginal funders pulled out
1 min read · 08 February 2013
Will the US' Term Asset-Backed Securities Loan Facility be the kickstart the commercial real estate industry hopes it to be?
2 min read · 08 February 2013
The real estate investment firm co-founded by Sam Zell and Gary Garrabrant has purchased 20m shares of Sao Paolo-based Construtora Tenda after Equity’s portfolio company Gafisa took a 60% ownership stake last year.
2 min read · 08 February 2013
The distressed investment specialist is surrendering all its stock in Thornburg Mortgage and has resigned its board seats. The residential mortgage lender has been given a grace period by lenders to come up with a restructuring plan.
2 min read · 08 February 2013
A private equity owned fund has agreed its first direct infrastructure investment with the acquisition of a Michigan-based power plant.
1 min read · 08 February 2013
Management consultants McKinsey have called on pension funds to help India fund infrastructure improvements
1 min read · 08 February 2013
The insolvent maker of aluminium products received court approval for a $1.075bn bankruptcy financing package despite objections from various lenders, including its owner TPG, and lenders Babson Capital and GSC Group.
2 min read · 08 February 2013
Private investors are abandoning road and rail building partnerships in Russia after the Duma slashed its transport infrastructure budget by 90%
1 min read · 08 February 2013
Fortress has attributed its $162m loss last year to non-cash adjustments for fair value write-downs and clawback reserves. But the firm remained upbeat on an analyst call, with chief executive Wes Edens forecasting an opportunity-laden ‘great liquidation’ of financial services assets following the current recession.
3 min read · 08 February 2013
