The buyout firm’s president, Joshua Harris, is relocating to London from New York while former Drexel Burnham colleague Marc Rowan makes the reverse move.
2 min read · 12 January 2013
Thompson National Properties, the private equity real estate firm founded by former Grubb and Ellis chairman Anthony Thompson, has opened an office in New York adding a former Wachovia Securities director as managing director to target real estate debt.
1 min read · 12 January 2013
Morgan Stanley Private Equity Asia has pulled out of its proposed acquisition of the Korean electronics manufacturer, reportedly over disputes with an electronics labour union. Ripplewood had previously agreed to pay $740m for Daewoo, but the deal also fell through.
2 min read · 12 January 2013
Should private equity houses buy LBO debt, particularly in companies in which they own equity? Eversheds’ Mark Spinner discusses the trend.
2 min read · 12 January 2013
As the New York-based private equity real estate firm prepares its European debt fund, it has added additional capital to its US debt vehicle.
1 min read · 12 January 2013
The Texas private equity real estate firm formerly known as N3 Capital Partners has renamed itself after a landmark bridge in Austin, where it is relocating its headquarters. The firm, which closed its debut fund on $250m last year, is targeting commercial and residential real estate as well as land assets.
2 min read · 12 January 2013
The head of JC Flowers has reportedly established a fund under his personal control – a possible solution to stringent US bank holding company regulations.
2 min read · 12 January 2013
The president of private equity real estate firm GoldenTree InSite Partners, Tom Shapiro, has warned the US real estate market is in store for more pain ahead as fundamentals, such as rents, weaken. It comes as UK real estate company, British Land, said prospective rents were “drifting downwards.”
2 min read · 12 January 2013
The publicly traded Canadian buyout firm expects to hold a final close on its third mega-fund in early 2009. CEO Gerald Schwartz has said despite having done no deals in the second quarter, Onex sees attractive opportunities and is not discouraged by credit conditions.
2 min read · 12 January 2013
The London-based private equity firm has diversified its buyout business with the purchase of 50 percent stake in Indicus Advisers.
1 min read · 12 January 2013
