Lehman Brothers has filed for Chapter 11 bankruptcy protection after failing to find a buyer over the weekend. The failed bank says it is in advanced discussions with a 'number' of potential buyers for its investment management unit, which includes Lehman Brothers Real Estate.
2 min read · 12 January 2013
As the US insurance giant struggles to raise capital, the fate of the firm’s substantial private equity business remains uncertain. AIG Investments has not been placed for sale as part of its parent’s capital raising measures.
4 min read · 12 January 2013
Lehman Brothers has filed for Chapter 11 bankruptcy protection after failing to find a buyer over the weekend. The failed bank says it is in advanced discussions with a 'number' of potential buyers for its investment management unit, which includes Lehman Brothers Real Estate.
2 min read · 12 January 2013
The troubled Australian mall owner has confirmed a $714m agreement to sell 29 of its 30 assets to a private real estate investor has collapsed. The company says the investor ‘elected to terminate the agreement’ but insisted talks were continuing.
2 min read · 12 January 2013
Talks to sell a stake in the bank’s investment management division, including a $30bn private equity portfolio, will continue, despite its march toward insolvency.
1 min read · 12 January 2013
Recent deals and proprietary PEI research show the asset class continues to bet on pockets of the retail sector, despite gloomy consumer confidence, writes Suzanne Weinstock.
2 min read · 12 January 2013
As the US insurance giant struggles to raise capital, the fate of the firm’s substantial private equity business remains uncertain. AIG Investments has not been placed for sale as part of its parent’s capital raising measures.
4 min read · 12 January 2013
The financial-services private equity firm is working with China's sovereign wealth fund and the major US bank on a joint bid, according to according to a report from the Financial Times.
1 min read · 12 January 2013
As Lehman faces bankruptcy, Eva Poon finds the bank is between a rock and a very, very hard place.
2 min read · 12 January 2013
The financial services private equity firm is working with China's sovereign wealth fund and the major US bank on a joint bid, according to a report from the Financial Times.
1 min read · 12 January 2013