London-based Evans Randall and its longstanding real estate investment partner and financier, Bank of Scotland, are using the capital to expand the European Property Fund.
1 min read · 12 January 2013
Colony Capital founder and chairman Tom Barrack has lined up more than $1 billion in equity to start buying distressed debt and property companies as the firm searches for the bottom of the market.
1 min read · 12 January 2013
Terra Firma’s turnaround of the music company has run into further difficulties in the same month US bank Citi reportedly failed to sell on £2.4bn of EMI loans.
1 min read · 12 January 2013
The bar code scanner company has agreed to be acquired by Honeywell International after being taken private for $398.5 million in December 2006.
2 min read · 12 January 2013
Vermeer Capital, the turnaround firm, set up by seasoned veterans of French business and restructuring, has raised €75m for its first fund.
2 min read · 12 January 2013
Recently rebranded Istithmar World, backed by the Dubai government, has agreed to purchase a majority stake in US firm Gulf Stream Asset Management.
2 min read · 12 January 2013
Good companies with bad balance sheets and strategies outside the LBO box provide opportunities galore, said firm co-founder Leon Black at the Milken Institute's ongoing conference in Los Angeles.
2 min read · 12 January 2013
The outlook for the US commercial real estate market is generally sound despite the credit crisis, according to a report by real estate management firm, ING Clarion. However ING warns the office sector will be hit over the next two years before recovering strongly in 2010-2011.
2 min read · 12 January 2013
The US bank and the global buyout firm have held talks about the possibility of strengthening co-investment ties, after Merrill Lynch sounded out TPG last year on the possibility of receiving a capital injection from the buyout firm.
2 min read · 12 January 2013
The buyout firm blew the whistle on a former Wall Street trader who has settled an SEC lawsuit alleging he spread false rumours about Blackstone’s Alliance Data deal.
2 min read · 12 January 2013
