After a tough year in 2007 providers of the hybrid form of debt are likely to capitalise fully on the disappearance of competition to finance leveraged buyouts.
2 min read · 12 January 2013
Private equity veterans and blank cheque executives lauded the merits of special purpose acquisition companies at a conference today in New York, but warned the challenge is finding the right deal within a set time frame.
2 min read · 12 January 2013
Russell Read looks to become an environmental rainmaker after a two-year stint at the $244bn US pension.
2 min read · 12 January 2013
Eastern and Central European countries with programs encouraging public-private partnerships are more likely to obtain infrastructure investments than their Western European neighbours, a study finds.
2 min read · 12 January 2013
Eastern and Central European countries with programmes encouraging public-private partnerships are more likely to obtain infrastructure investments than their Western European neighbours, a study finds.
2 min read · 12 January 2013
The UK bank has written down £5.9bn in leveraged loans, structured credit vehicles and US residential mortgages, as it embarks on a £12bn rights issue and looks to shore up its weak balance sheet.
2 min read · 12 January 2013
The diversified firm, jointly led by Charles Kaye, has surpassed its target by 25 percent, as investors look to emerging markets and growth capital for returns.
2 min read · 12 January 2013
The credit-card services company is pursuing a $170m break-up fee for the second time, as the mega-buyout firm calls the suit ‘just as spurious as the first one’.
2 min read · 12 January 2013
The global buyout firm has closed one loan fund while reportedly fundraising for another, as it looks to capitalise on credit market turmoil.
2 min read · 12 January 2013
Tone Grant has been convicted of defrauding TH Lee and other investors during his tenure at the once-mighty commodities brokerage.
2 min read · 12 January 2013