End of an era at the $34 billion global real estate giant as founding member Edward Siskind prepares to retire. His responsibilities as head of the platform will fall jointly to Alan Kava and James Garman.
4 min read · 15 January 2013
UK-listed 3i Group, which established a debt division in February, plans to acquire a US debt manager in the next few months, according to CEO Michael Queen.
2 min read · 15 January 2013
The French private equity firm has invested a further €15m in Fonroche Energy following an initial €25m equity investment in April last year. Fonroche has also signed a €52m credit line with a banking syndicate led by Credit Agricole.
1 min read · 15 January 2013
The French private equity firm has invested a further €15m in Fonroche Energy following an initial €25m equity investment in April last year.
1 min read · 15 January 2013
The fund will focus on investments in late-stage solar projects in North America. All of the fund’s investors are publicly listed companies. CleanPath has already made investments worth about $10m.
2 min read · 15 January 2013
Amid rumours of Carlyle’s IPO, K2 Advisors would be the Washington, DC firm’s third hedge fund acquisition in the past year.
1 min read · 15 January 2013
Financial services-focused buyout firm AnaCap has completed its third acquisition of a bank after 18 months of negotiations, purchasing Czech Republic-based Banco Popolare Ceská republika.
1 min read · 15 January 2013
Creditors for the hotel chain claim Blackstone and real estate firm Lightstone Group left the company insolvent, and are seeking $8bn.
2 min read · 15 January 2013
Creditors for the North Carolina-based hotel chain are claiming the firms inflated the sales price of the company in the 2007 buyout, leaving the company insolvent.
2 min read · 15 January 2013
A consortium led by Vinci has raised €3.8 billion in debt and equity from ten banks to reach financial close for the €7.8 billion Tours-Bordeaux high-speed rail line, in France.
2 min read · 15 January 2013