The affiliate of the private equity real estate firm, Starwood Capital, has formed a $75m joint venture with Cold River Development to target the 23-counties of the Atlanta metro region. It comes just two days after the firm bought 2,500 residential home sites in Arizona, California and Florida.
1 min read · 12 January 2013
While stressing it continues to honour capital calls, CalPERS has said it is not atypical for it to ask GPs to delay requests for funds. The pension has confirmed it sold more than $2bn in private equity holdings on the secondary market last year, including interests in Carlyle and Landmark funds.
2 min read · 12 January 2013
Citing a ‘challenging economic climate’ and volatile debt markets, the buyout firm’s listed investment fund wrote down $500m of its private equity co-investments in deals including Harrah’s.
2 min read · 12 January 2013
The Cerberus-owned company has launched a $38bn debt restructuring to shore up its capital base to meet regulatory requirements necessary to become a bank holding company.
1 min read · 12 January 2013
The Northern European buyout firm has more than doubled the size of its previous fund, and opened offices in Oslo, Frankfurt and London.
2 min read · 12 January 2013
Citing a ‘challenging economic climate’ and volatile debt markets, the buyout firm’s listed investment fund wrote down $500m of its private equity co-investments in deals including Harrah’s.
2 min read · 12 January 2013
Warburg invested $126m in polyester manufacturer Wellman in 2003 but saw the company collapse into bankruptcy in February amid rising raw material costs and a mountain of debt.
1 min read · 12 January 2013
The deal, which includes residential land in Arizona, California and Florida, follows on the firm’s $150m JV investment with Riverway Properties to target the Houston residential market.
1 min read · 12 January 2013
In the midst of the global economic storm it is more important than ever for private equity firms to do what they do best – due diligence, writes Thomas Gibian.
3 min read · 12 January 2013
Warburg invested $126m in polyester manufacturer Wellman in 2003 but saw the company collapse into bankruptcy in February amid rising raw material costs and a mountain of debt.
1 min read · 12 January 2013
