The battle for Toys “R” Us was one of the most hotly contested transactions of last year—can the victors walk away unscathed? By Paul Fruchbom
9 min read · 12 January 2013
Apollo Real Estate has turned a 1993 investment in property-backed bonds into a $1.3 billion New York City deal.
4 min read · 12 January 2013
India's ICICI Venture gets into healthcare * GSJBW fund fully invested * Goldman, CDH win Chinese meat auction * LF Asia acquires menswear brands * IDFC lines up Indian stockbroker * Morgan Stanley to acquire Korean trader * Oak revisits India strategy * Carlyle retains Taiwan media focus * ChrysCapital exits via secondary * Allco, DB Capital acquire debt collector * Backing for Kiwi nursery firm * CHAMP consumes food firms * GIC, Olympus go organic in China
8 min read · 12 January 2013
Mike Anderson of Intermediate Capital Group looks at hidden dangers lurking in the capital structure of leveraged buyouts.
4 min read · 12 January 2013
The US and UK alternative asset management firm has raised over €1bn for its second mezzanine fund focusing on transactions in Europe.
2 min read · 12 January 2013
European mid-market investor Barclays Private Equity has made an almost 3x multiple on the sale of UK debt business Cabot to Nikko Principal Investments.
3 min read · 12 January 2013
AnaCap Financial Partners, a new pan-European private equity firm focusing on the financial services sector, has raised an oversubscribed €300m vehicle.
2 min read · 12 January 2013
Although mezzanine remains the subordinated debt instrument of choice for many sponsors in Europe, life is tough for specialist providers today. But, as Joanna Hickey reports, the specialist funds remain upbeat – insisting that, with rising volumes, their sponsor relationships and their own adaptation to market changes, they are still getting enough work.
10 min read · 12 January 2013
In April, Private Equity International gathered together a group of leading European private equity professionals to reflect on deepening liquidity in the leveraged finance market. The rise of the institutional investor was a major talking point, reports Andy Thomson.
10 min read · 12 January 2013
WL Ross & Co.'s head and namesakeWilbur, Ross, is poised to strike each time an industry enters a downturn. Ken MacFadyen sat down with him to hear what lies on the horizon for one of the best-known trouble-seekers in the investment industry.
9 min read · 12 January 2013