Gerald Cardinale, co-head of Americas private equity, has decided to retire. He is joined by Muneer Satter, who has co-headed Goldman’s global mezzanine business.
2 min read · 14 January 2013
The firm has hired managing director Tony Morgan (pictured) from CPPIB to help identify ‘great opportunities in the European market’, according to Onex CEO Gerald Schwartz.
2 min read · 14 January 2013
The Lehman Brothers spinout and the New York-based developer and investor have refinanced 110 William Street in downtown Manhattan with $161.5 million in new financing, which included a mezzanine loan from Pearlmark Real Estate Partners.
1 min read · 15 January 2013
Andrew Bellis, a senior CLO manager at Credit Suisse, has joined 3i Debt Management as a partner in a further sign of the group’s ambitious growth plans.
2 min read · 14 January 2013
Joe Azelby, a one-time professional American football player, has built JPMorgan’s core US real estate platform into a global real assets business with $60 billion under management. In an interview with PERE, he explains why he is a fan of diversity, why investors need to change their attitude towards allocation and why he ultimately is glad that his football career was short. By Robin Marriott. PERE Magazine June 2012 issue.
10 min read · 15 January 2013
Northleaf Infrastructure Co-Investment Partners has amassed C$500m in capital. The fund is the debut infrastructure offering from private equity firm Northleaf Capital.
1 min read · 15 January 2013
Priorities USA Action, a political action committee backing President Obama, has released a new ad attacking Mitt Romney’s private equity background in an effort to swing ‘battleground’ states.
3 min read · 14 January 2013
The oversubscribed refinancing involved 17 ‘existing and new relationship banks’ from the UK, Continental Europe, the US, Canada and Australia. The new debt facilities have a five-year tenor and carry margins of between 150bps and 225bps.
2 min read · 15 January 2013
The European buyout shop has agreed to another deal through its fourth flagship fund as it tries to raise €6.5bn on Fund V.
2 min read · 14 January 2013
Cerberus acquired Guilford Mills for $107m in 2004, less than two years after the company emerged from bankruptcy.
2 min read · 14 January 2013
