LBO France’s debt arm has raised its second fund, meeting its hard-cap of €200m. The successful close comes after the firm delayed the launch of its latest mid-market buyout fund.
2 min read · 14 January 2013
With contuining macro-economic uncertainty and a relatively high market volatility, valuation remains a material challenge in M&A deals. Nevertheless, there are different structures that can be used to bridge the gap and facilitate a deal, as MJ Hudson partner Eamon Devlin explains.
3 min read · 14 January 2013
The Canada Pension Plan Investment Board has completed an investment in a major toll road operator in ‘developing market’ Chile. The pension fund manager cited the size and complexity of the transaction.
1 min read · 15 January 2013
The M&A environment is shaky, growth in the emerging markets has slowed and LPs are putting more money into alternatives, according to the firm’s president, Tony James.
3 min read · 14 January 2013
The New York-based investment management firm’s debut offering attracted $900 million in equity from limited partners such as Singapore sovereign wealth fund Temasek, but it fell short of its $1 billion goal.
2 min read · 14 January 2013
Stephen Hickey will join as chief risk officer of newly formed CVC Credit Partners, as the London firm bolsters its debt capabilities.
2 min read · 14 January 2013
Terra-Gen Power, an affiliate of US fund managers ArcLight and GIP, has closed a $650m construction financing for two US wind projects representing a combined 300 megawatts.
2 min read · 15 January 2013
The New York-based investment management firm’s debut offering attracted $900 million in equity from limited partners such as Singapore sovereign wealth fund Temasek, but it fell short of its $1 billion goal.
2 min read · 15 January 2013
The US private equity firm, TPG Capital, and London-based Patron Capital, have persuaded Class A bondholders in a defaulted CMBS situation to accept a restructuring proposal.
3 min read · 14 January 2013
DLJ Merchant Banking Partners and JP Morgan held onto Vitopel for 12 years before selling the company to Vision for an undisclosed amount.
2 min read · 14 January 2013