US buyout firm General Atlantic has acquired a stake in distressed debt specialist Oak Hill Advisors in a further sign of private equity’s appetite for debt investments.
2 min read · 15 January 2013
The firm has agreed to acquire a portfolio of consumer credit debt from Bank of America’s MBNA unit — one of the largest issuers of credit cards. AnaCap is positioning to take advantage of banks’ divestment of non-core assets.
3 min read · 15 January 2013
Blackstone CEO Stephen Schwarzman said the firm’s LPs reaffirmed their confidence in Blackstone by increasing their commitments in Q3. The firm has a record $33.4bn of dry powder.
2 min read · 15 January 2013
What a recent hire by TPG tells us about the way the big guns of private equity are approaching this market. By Robin Marriott.
2 min read · 15 January 2013
Warren Allderige, CEO and Managing Director of Pacific Harbor Group, a Hong Kong-based fund manager that looks at special situations funds, stressed and distressed debts, recently spoke to PE Asia about market turmoil and the opportunities that presents some investors.
2 min read · 15 January 2013
Blackstone CEO Stephen Schwarzman said the firm’s LPs reaffirmed their confidence in Blackstone by increasing their commitments in Q3. The firm has a record $33.4bn of dry powder.
2 min read · 15 January 2013
The New Jersey Division of Investment has committed $300m to TPG Capital, a longstanding relationship for the pension, and $200m to three other managers.
2 min read · 15 January 2013
The UK-based firm has built a large consumer debt collection platform which positions it to buy portfolios of consumer credit card debt from banks that don’t have the resources to service it.
2 min read · 15 January 2013
Major Anchorage PPP can move forward after the city was reassured that the bridge project will not hinder business at the Port of Anchorage.
2 min read · 15 January 2013
The firm has already completed its first investment with its fifth European mezzanine fund, backing the buyout of business intelligence provider Bureau van Dijk.
2 min read · 15 January 2013
