Due to high demand, the US Department of Transportation’s infrastructure-lending program is now no longer accepting rolling applications for loans, and will instead require applications to be submitted by fixed deadlines.
3 min read · 08 February 2013
US mall owner Simon Property Group has bought the outlet centre operator Prime Outlets from the private equity firm founded by David Lichtenstein for a reported $700m in cash and the assumption of debt.
2 min read · 08 February 2013
The Los Angeles-based firm has raised $454m for Fund III and will target affordable homebuilding and distressed opportunities in Brazil, Peru, Mexico and Chile.
1 min read · 08 February 2013
The South African firm hopes to raise as much for Fund VI as its $750m predecessor.
2 min read · 08 February 2013
Less than a month after reports of a possible $300m investment in Japan's national airline, TPG and American Airlines have offered to invest up to $1.1bn in the struggling carrier.
2 min read · 08 February 2013
TPG is once again targeting a struggling airline, having teamed with American Airlines on a joint bid to restructure JAL. Rival US-based carrier Delta is also bidding.
3 min read · 08 February 2013
Dubai World's debt problems have cast a slur on the region's reputation, but investors should avoid forming a link between government capital and private capital.
3 min read · 08 February 2013
The latest Coller Capital private equity barometer shows LPs globally are less positive on private equity, with Asia-Pacific LPs standing out as the most downbeat.
3 min read · 08 February 2013
The US REIT, which filed for bankruptcy protection in April, has reached agreement to extend loans covering $9.7bn of its secured debt. Confirmation of the plan is scheduled for 15 December.
2 min read · 08 February 2013
Ladder Capital postponed plans for a partial blind-pool REIT after institutional investor appetite waned in September. CEO Brian Harris tells Zoe Hughes the firm will look to the public markets again as Ladder plans to take advantage of a ‘permanent change’ in the US lending community. PERE Magazine December 2009- January 2010
3 min read · 08 February 2013
