Apollo and Texas Pacific face excruciating regulatory approvals in their $15.5bn buyout bid for Harrah's.
4 min read · 12 January 2013
FIRST ROUND 2006-11-01 Staff Writer Here's a tip for the GP who needs to close a deal in a timely manner – be pregnant. This pressure tactic worked brilliantly for Raquel Vargas Palmer, a principal at New York-based distressed investor KPS Special Situations Fund. Palmer, who led the firm in its turnaround a
2 min read · 12 January 2013
Lawton Fitt, who became the first female partner in Goldman Sachs’ equity division in 1994, has been hired by distressed-investment firm GSC Partners as a senior advisor and as a member of the firm’s board of advisors.
2 min read · 12 January 2013
The affiliate of publicly traded buyout firm American Capital will expand its European franchise beyond its initial London and Paris footholds.
1 min read · 12 January 2013
The private equity real estate firm has signed a pre-let with Zurich Italia in what has been billed as the most important leasing transaction in Italy in the last five years.
2 min read · 12 January 2013
Ripplewood Holdings, a US private equity firm, and Videoncon Industries, an Indian strategic partner, have won the race to acquire Korea’s Daewoo Electronics in a transaction worth a reported $700 million.
1 min read · 12 January 2013
The ratings agency has downgraded £100m of mezzanine loans for Focus, a do-it-yourself retailer owned by Duke Street Capital and Apax Partners, over the increased possibility of a default.
2 min read · 12 January 2013
Blenheim Advisors’ latest research advises clients to ensure they get the most leverage for the best terms, before default rates cause the European debt markets to tighten. By Nicholas Lockley.
2 min read · 12 January 2013
The University of Michigan’s Wolverine Venture Fund is incubating the next generation of venture capitalists, and it has ‘about the same rate of return as most professional funds’. By David Rapp.
4 min read · 12 January 2013
The partnership between NRDC and Apollo has also hired Christina Johnson, the former chief executive of Saks Fifth Avenue, in the latest example of top retail talent making the jump to private equity.
2 min read · 12 January 2013
