Less than two weeks after buying a Maltese bank, the FIG-focused firm has inked a deal for the invoice financing division of debt-laden subprime lender Cattles.
2 min read · 08 February 2013
UK home improvement firm, Focus DIY, is to offer its landlords incentives so its lenders agree to extend the term of its debt facility.
1 min read · 08 February 2013
Tony James and Wes Edens have each said during earnings calls this week that their firms are eager to do US bank deals, but warned proposed FDIC policies may deter investment.
3 min read · 08 February 2013
A new KPMG survey of private sector infrastructure practitioners has identified government effectiveness as the top challenge in addressing infrastructure development needs.
2 min read · 08 February 2013
PIK Group, the Moscow-based public property company, has abandoned plans to raise a fund from third party investors in the wake of the credit crunch. The decision was taken earlier this year, according to a spokeswoman.
2 min read · 08 February 2013
The 25-year highways maintenance and management contract is the largest private finance initiative deal in the highways sector by a local UK government. The city hopes to sign the contract later this year and begin implementation in April 2010.
2 min read · 08 February 2013
New York based-Westbrook Partners is seeking to sell Shell-Mex House, a large office building in London, two years after paying £494 million ($831 million; €582 million) for the property.
1 min read · 08 February 2013
As credit processes from UK banks take longer to complete, firms like Dunedin and Gresham are taking debt finance into their own hands.
2 min read · 08 February 2013
The FIG-focused firm is deploying a recently closed €575m fund, having in May become the first private equity firm to buy a UK bank.
2 min read · 08 February 2013
A new wave a social housing PPP projects are being planned by the UK government in an effort to create construction industry jobs while renovating some of the country’s most deprived areas.
1 min read · 08 February 2013