The Silver Lake- and TPG-backed company won out over a joint venture between Siemens and The Gores Group, despite protests from creditors including MatlinPatterson.
2 min read · 08 February 2013
The private investment firm's distressed debt fund was 50% oversubscribed.
1 min read · 08 February 2013
In the year to the end of June, Virginia Retirement System’s real estate portfolio returned -28.3% compared to a 19.8% benchmark. The pension has lost $12.2bn in value in 12 months.
2 min read · 08 February 2013
Availability payment-based structures have a future in the United States, but not without some challenges, writes Cezary Podkul.
4 min read · 08 February 2013
Part of the US-based venture firm’s three-member India investment team, they will remain with Battery until Fund VIII is invested.
1 min read · 08 February 2013
Having already corralled $4 billion of equity commitments for a global opportunity investing consortium, the Toronto-based firm has swollen its kitty by a further $1bn as two more investors sign up.
2 min read · 08 February 2013
The business development company has staved off bankruptcy for the short term as it eases its debt load by $174m.
2 min read · 08 February 2013
Florida's state pension board has totally written off its $250m investment in Tishman Speyer's Stuyvesant Town/Peter Cooper Village deal, joining California's massive teachers' pension, which wrote its $100m investment in the deal to zero.
2 min read · 08 February 2013
The veteran real estate investor has reportedly launched a $625m credit fund to target distressed real estate securities. The vehicle, Zell Credit Opportunity Fund, has raised $125m to date, according to regulatory filings.
2 min read · 08 February 2013
The private equity firms plan to back stop a $75m rights offering and exchange $98m of debt for equity in Builders FirstSource, the US' second largest supplier of building products.
2 min read · 08 February 2013
