In Asia, the credit crunch has had limited impact on debt markets so far. Buyout pros and leveraged finance specialists in Hong Kong and Singapore are nevertheless bracing for tricky times. By Patricia Lee.
6 min read · 12 January 2013
Hamilton ‘Tony’ James is the day-to-day leader of what has now become one of Wall Street's most powerful and admired firms – Blackstone. His tenure as president and COO of Stephen Schwarzman's creation is not the first time he has dramatically upsized a private equity operation. As head of DLJ Merchant Banking, James presided over one of the dominant private equity business of the 1990s with loyal personnel across the US, Europe and Asia. He is now duplicating that success at Blackstone, but on a much larger scale. James met recently with David Snow for a conversation about where Blackstone is today and where he intends to steer it in the coming years.
6 min read · 12 January 2013
New York-based Shermen Capital Partners recently launched a SPAC to capitalise on what it maintains is an untapped market: the $271bn US agriculture industry.
6 min read · 12 January 2013
Emboldened by another homerun in January, Index Ventures has added a new business line with a e400m growth capital fund.
5 min read · 12 January 2013
Editor's letter 2008-02-01 Staff Writer “The reality is we've gone from a raging bull market in credit to a bear market. Now people are worrying about anything and everything.” So said David Brickman, director of credit strategy at Lehman Brothers, in the context of a <italic>Financial Times</italic
2 min read · 12 January 2013
The global hedge fund has recruited two bankers from Lloyds TSB after employing the UK bank’s former head of structured finance last year to set up its direct capital team.
2 min read · 12 January 2013
The Nordic buyout firm’s Skr2 billion recapitalisation of Dacke, two years after the buyout firm acquired the company, is an exception in liquidity-starved credit markets.
1 min read · 12 January 2013
Shares in Blackstone and Fortress hit new lows today following analyst downgrades, while American Capital announced a $500m programme to repurchase shares trading below net asset value.
3 min read · 12 January 2013
Shares in Blackstone and Fortress hit new lows today following analyst downgrades, while American Capital announced a $500m programme to repurchase shares trading below net asset value.
3 min read · 12 January 2013
Asia Alternatives goes large * China sovereign fund dampens foreign fears * Dubai's HBG nears $200m target * Ex-Temasek executives fundraising for China * First close for Sharia vehicle on $200m * Aureos backed by Kazakhstan FoF
4 min read · 12 January 2013
