Someone’s going to make a killing, but it will take nerves of steel, writes Nicholas Lockley.
2 min read · 12 January 2013
Fresh from closing its fourth turnaround fund on $4 billion, WL Ross has hired John Kanas, former CEO of North Fork Bancorp, to advise on investments in distressed financial services firms.
1 min read · 12 January 2013
Alliance Data Systems has dropped its case against Blackstone less than two weeks after suing the private equity firm to force an agreed $7.8 billion buyout.
1 min read · 12 January 2013
Private equity real estate firms around the globe last year set a new record on the fundraising trail, according to proprietary statistics from PERE magazine.
2 min read · 12 January 2013
Private equity real estate firms around the globe last year set a new record on the fundraising trail, according to proprietary statistics from PERE magazine.
2 min read · 12 January 2013
On the heels of its $500 million investment in MBIA, Warburg Pincus has agreed to purchase an additional $300 million in shares as part of an oversubscribed $1 billion public offering. A source familiar with the matter told PEO the company is 'wildly undervalued'.
2 min read · 12 January 2013
On the heels of its $500 million investment in MBIA, Warburg Pincus has agreed to purchase an additional $300 million in shares as part of an oversubscribed $1 billion public offering. A source familiar with the matter told PEO the company is 'wildly undervalued'.
2 min read · 12 January 2013
The largest Islamically funded leveraged buyout debt in the UK has been syndicated by German bank West LB to investors in the Middle East, some of whom do not participate in Western market debt syndication for religious reasons.
2 min read · 12 January 2013
Mellon Ventures’ successor firm Navigation Capital, along with limited partner Goldman Sachs, is looking to capitalise on an untapped niche in the specialty finance industry.
2 min read · 12 January 2013
Linklaters’ banking partners Annette Kurdian and Nick Syson outline the shift to tighter deal terms and structure which began amid last summer’s liquidity crisis and shows little sign of abating.
3 min read · 12 January 2013
