Los Angeles-based US Renewables Group has held a final close on its second fund, which will target renewable energy opportunities. It is nearly five times the size of its predecessor.
2 min read · 12 January 2013
The alternative assets manager is capitalising on the booming wealth of the Gulf region with a spate of new buyout, mezzanine and growth capital funds and an almost 50 percent increase in client assets.
2 min read · 12 January 2013
Blackstone units began to trade today above their $31 IPO price, climbing back from the $28.75 low it hit last Friday, the stock’s first trading day. The market could change directions again next week as US congressmen begin hearings on private equity.
2 min read · 12 January 2013
Thomas H. Lee-led Lee Equity Partners has agreed to pay $395 million for teen fashion retailer Deb Shops. It is the firm’s second deal since it was founded last year.
2 min read · 12 January 2013
London-based Duke Street Capital has amassed a 34 percent stake in Oasis Healthcare and increased its bid to £88.2 million, as the battle for the UK’s biggest dental business heats up.
2 min read · 12 January 2013
Kohlberg Kravis Roberts will become the latest alternative asset manager to raise funds on the public market, after revealing plans for a $1.25 billion initial public offering on the New York Stock Exchange before the end of the year.
2 min read · 12 January 2013
The central Europe mezzanine specialist has held a first close on its debut fund as it looks to capitalise on the favourable conditions for mezzanine investors. The fund has raised just under half of its €125 million target.
2 min read · 12 January 2013
Och-Ziff, one of the world’s largest hedge fund managers, will become the latest alternative asset manager to tap the public markets after revealing plans for a possible flotation on the New York Stock exchange.
2 min read · 12 January 2013
Canadian telecom giant BCE will be bought by Madison Dearborn, Providence and Canadian pension Ontario Teachers’ in the largest-ever LBO to date. Bids had also been submitted by two rival consortiums backed by KKR and Cerberus.
2 min read · 12 January 2013
The Italian real estate investment firm has teamed with Unicredit Bank to create two new regional branches that will target residential development projects.
2 min read · 12 January 2013
