Private real estate investment firm Shorenstein Properties is targeting debt interests in prime markets in the US looking to capitalize on the “ongoing dislocation” in the credit markets. The firm's total debt holdings now total $685m.
2 min read · 12 January 2013
The global buyout giant continues its high-profile hiring spree with the addition of James Burr to its financial services unit, which is reportedly raising a fund targeting more than $1bn.
2 min read · 12 January 2013
Private real estate investment firm Shorenstein Properties is targeting debt interests in prime markets in the US looking to capitalize on the “ongoing dislocation” in the credit markets. The firm's total debt holdings now total $685m.
2 min read · 12 January 2013
The global buyout giant continues its high-profile hiring spree with the addition of James Burr to its financial services unit, which is reportedly raising a fund targeting more than $1bn.
2 min read · 12 January 2013
Scott Nuttall, the head of KKR’s financial services group, will also oversee fundraising and broker-dealer activities, while Todd Fisher, co-founder of the firm’s London office, will fill a newly created role of chief administrative officer. Perry Golkin will narrow his investor relations activities.
2 min read · 12 January 2013
Scott Nuttall, the head of KKR’s financial services group, will also oversee fundraising and broker-dealer activities, while Todd Fisher, co-founder of the firm’s London office, will fill a newly created role of chief administrative officer. Perry Golkin will narrow his investor relations activities.
2 min read · 12 January 2013
After months of defying expectations of widespread slowdown in buyout activity, the UK's mid-market firms have seen dealflow drop to a trickle in the first half of the year, according to the latest numbers.
3 min read · 12 January 2013
The mega-buyout firm has revealed its private equity real estate business returned $1.3 billion to investors last year from 38 exits.
3 min read · 12 January 2013
Two separate reports by Ernst & Young and PricewaterhouseCoopers note that while cheap leverage has vanished and deal volume dropped, private equity’s outlook remains rosy.
2 min read · 12 January 2013
The Seoul High Court has reversed a lower court's decision that convicted the US private equity firm of manipulating the stock price of the credit card division of the Korea Exchange Bank; the decision brings Lone Star one step closer to a $6.3bn sale of its stake to HSBC.
2 min read · 12 January 2013