The decision to upgrade Turkey’s local currency credit rating to investment grade comes at a good time for a market that’s full of optimism
2 min read · 15 January 2013
KKR’s newly raised $1bn mezzanine fund is an illustration of how popular this area has become with limited partners, who are increasingly attracted by its risk/reward profile
2 min read · 15 January 2013
A painful debt hangover continues to hamper Spain’s and Portugal’s economic recovery, not to mention the banks’ willingness to lend. But the turbulence is also throwing up opportunities from distressed sellers and previously reluctant family-owned companies, reports Nicholas Donato
8 min read · 15 January 2013
The pair call the Czech Republic ‘one of the most resilient economies’ in Europe as they reveal the purchase of two shopping centres from Multi Corporation.
2 min read · 15 January 2013
Avedon Capital Partners has completed its spin-out from Dutch bank NIBC, a transaction led by Goldman Sachs Asset Management. Goldman is taking a stake in the group's prior fund and is also one of three major backers for Avedon's current fund, which is targeting €200m.
2 min read · 15 January 2013
‘The strong credit quality of the asset class and resilient contractual structures’ has helped European public-private partnerships withstand the financial crisis well. But deteriorating public finances, ongoing austerity and a constrained bank market pose risks for the industry.
2 min read · 15 January 2013
Together with UK-based NATS, the Spanish developer will provide air traffic control services at 10 Spanish airports. Local private air traffic control company Saerco was awarded the contract for three other Spanish airport control towers.
2 min read · 15 January 2013
The private equity firms will invest $50m each in Amalgamated Bank for a shared 40% stake in its common stock.
2 min read · 15 January 2013
The Transmission Capital Partners consortium, which includes London-listed investor INPP, has announced financial close on the £36.5m Barrow offshore transmission project. It’s the third transaction of its type that the consortium has closed so far this year.
2 min read · 15 January 2013
The UK-listed firm has hired leveraged finance veteran Rob Reynolds to lead its credit-focused fund.
2 min read · 15 January 2013
