Tom Attwood, the former chief executive of mezzanine provider ICG, will retire from the firm in March next year.
2 min read · 15 January 2013
The majority of legacy “OpCo-PropCo” real estate structures are unlikely to secure refinancing in their current format from either banks or capital markets, according to a report published today by Bishopsfield Capital Partners.
2 min read · 15 January 2013
The firm’s investment in Churchill Financial highlights the increasingly attractive opportunity to back financial service companies lending into the underserved US mid-market.
3 min read · 15 January 2013
Beset by debt and under siege from city hall, the head of the Orlando Orange toll agency has handed in his resignation. But the project that brought him down – the Wekiva 25-mile toll road – is unlikely to be procured as a PPP.
2 min read · 15 January 2013
UK-listed 3i attempted to placate investors by announcing a substantially increased dividend during its half year results presentation Thursday morning, as it revealed its portfolio had fallen in value by £523m.
2 min read · 15 January 2013
The Texas Teachers’ Retirement System has committed $6bn to KKR and Apollo to invest across strategies – specialist managers are missing out.
3 min read · 15 January 2013
UK-listed 3i attempted to placate investors by announcing a substantially increased dividend during its half year results presentation Thursday morning, as it revealed its portfolio had fallen in value by £523m.
2 min read · 15 January 2013
A start-up organisation is aiming to loosen resistance to tolling on Capitol Hill. Private investment in public infrastructure would be part of the discussion.
1 min read · 15 January 2013
The bank’s transition into asset-based lending for private equity-backed deals could be part of a niche financing trend for medium sized banks, says Amalgamated investor Wilbur Ross.
2 min read · 15 January 2013
Bob Dewing, a consultant for JP Morgan Asset Management for the past nine months, has joined the unit to create a dedicated infrastructure debt team. The new team will target ‘seasoned loans with attractive risk adjusted yields originated by project finance banks’.
1 min read · 15 January 2013