INREV says the termination of ’first generation funds’ will release €49.5bn of real estate into the market in 2009 and 2010.
1 min read · 12 January 2013
The UK Chancellor has increased the tax burden on the country's beleaguered buyout executives. But his move is carefully calculated to keep the industry in London, writes Nicholas Lockley.
2 min read · 12 January 2013
Milestone Capital Partners, the UK mid-market buyout firm, has continued its turnaround with its first acquisitions of the year and its fifth exit since jettisoning three partners last year.
3 min read · 12 January 2013
Affinity Equity Partners and TPG Capital have won shareholder approval for the buyout of Singapore-listed United Testing and Assembly Centre with a covenant-lite loan likely to cause bankers pain.
1 min read · 12 January 2013
Lone Star has finally completed its acquisition of Accredited Home Lenders. It paid $311 million for the mortgage company, a price significantly lower than its original bid.
1 min read · 12 January 2013
The syndication of the remaining tranche of Alliance Boots debt could take up to a year after a double blow to the company.
2 min read · 12 January 2013
The liquidity problems in the debt markets did not restrain record third quarter figures in the UK as deals were signed before the beginning August. However, big four accountant Deloitte said it expects few deals to complete in the next quarter.
2 min read · 12 January 2013
Lightyear Capital has acquired the UK operations of German insurance company Württembergische Versicherung, after ensuring the company could become a member of Lloyd’s of London.
1 min read · 12 January 2013
VSS has agreed to pay $185 million for direct marketing company TRANZACT, generating for its owner, Halyard Capital, a return of 12 times its investment and an 85 percent IRR.
2 min read · 12 January 2013
US bank Citi is considering backing a leveraged loan debt vehicle set up by US buyout firm Kohlberg Kravis Roberts to take advantage of the $300 billion leveraged loan backlog.
2 min read · 12 January 2013
