Mark Preston succeeds Jeremy Newsum as chief executive officer of British property group Grosvenor, owned by the Duke of Westminster. Preston was former head of the firm’s UK operations and fund management business.
2 min read · 12 January 2013
The UK-listed business had languished since talks with a strategic buyer collapsed in the middle of last month. Interest from a consortium of three firms has lifted the share price.
1 min read · 12 January 2013
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
1 min read · 12 January 2013
Nabil Triki is a managing director and head of private equity at Swicorp. He joined the firm in 2003 after spending several years as a project leader with the Boston Consulting Group in Paris. He has also worked as a project manager for Honeywell in Los Angeles and in corporate development for Unilever in New York. Swicorp was founded in 1987 as a boutique investment bank. The firm now operates three principal businesses: financial advisory services, principal investment, and private equity. It launched the private equity business in 2004 and currently manages three funds with $1.5 billion in total assets, with a fourth fund being marketed right now.
3 min read · 12 January 2013
Chinese companies coping with economic volatility and regulatory reform are now looking to upgrade their operations, creating the right climate for restructuring opportunities. Rob Kotecki reports.
6 min read · 12 January 2013
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
1 min read · 12 January 2013
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
1 min read · 12 January 2013
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
1 min read · 12 January 2013
After months of defying expectations of widespread slowdown in buyout activity, the UK's mid-market firms have seen dealflow drop to a trickle in the first half of the year, according to the latest numbers.
3 min read · 12 January 2013
The mega-buyout firm has revealed its private equity real estate business returned $1.3 billion to investors last year from 38 exits.
3 min read · 12 January 2013
