With LP defaults becoming a more common occurrence, GPs need to understand all the implications for the management company, the fund and other investors. Jennifer Harris explores the issues
9 min read · 08 February 2013
As the economic crisis tightens its grip on Europe's largest economy, and lenders remain on the sidelines, mid-market private equity investors are pointing to reasons for optimism. Where else, they ask, can German businesses turn to for funding in this time of need? In June, Philip Borel travelled to Munich to quiz four leading professionals about the way forward for their industry – and found them in a buoyant mood.
10 min read · 08 February 2013
Just as Starwood Capital plans a $500m debt IPO, Colony Capital also launches its own debt vehicle, Colony Financial. This is the first time Colony has managed a REIT, according to regulatory filings.
2 min read · 08 February 2013
William Fitzgerald, a former chief investment officer for Nuveen Asset Management’s municipal bond business, sees an attractive opportunity for mezzanine debt and secondary senior debt investment in the infrastructure sector.
3 min read · 08 February 2013
Platinum entered an agreement to buy almost all of Delphi’s assets for $3.6bn but some Delphi lenders have objected to the arrangement, saying it was conducted in secret.
3 min read · 08 February 2013
After TARP, TALF and PPIP, what the US banking system really needs is an RTC to clean up toxic real estate loans, says Zoe Hughes
2 min read · 08 February 2013
The mid-market firm, established by Robert Bass in the 1980s, secured the backing of major pension investors for its latest investment vehicle.
1 min read · 08 February 2013
It’s been a big, busy week for Infrastructure Investor, with crowded networking events taking place on both sides of the Atlantic to mark the launch of our magazine and website.
3 min read · 08 February 2013
The listed infrastructure fund managed by Brookfield Asset Management will use the proceeds to fund investments and acquisitions and general corporate purposes.
1 min read · 08 February 2013
Clothing retailer Eddie Bauer filed for bankruptcy Wednesday and agreed to be acquired by CCMP Capital Advisors for $202m. CCMP becomes the high bidder for the company but could still be outbid.
2 min read · 08 February 2013
