Baird Capital Partners and Lubar & Co. will contribute $85 million in rollover equity to finance the acquisition by REIT Cogdell Spencer.
2 min read · 12 January 2013
Baird Capital Partners and Lubar & Co. will contribute $85 million in rollover equity to finance the acquisition by REIT Cogdell Spencer.
2 min read · 12 January 2013
The global hedge fund has recruited two bankers from Lloyds TSB after employing the UK bank’s former head of structured finance last year to set up its direct capital team.
2 min read · 12 January 2013
The US investment firm is the most prominent interested party in the bidding for UK investment bank Close Brothers and it is reportedly lining up a quick sale of the bank’s assets upon acquisition.
2 min read · 12 January 2013
Should courts rule that BCE’s purchasing consortium must buy out the telecom’s disgruntled bondholders, Ontario Teachers’ has said the largest LBO agreed to date may fail.
2 min read · 12 January 2013
Should courts rule that BCE’s purchasing consortium must buy out the telecom’s disgruntled bondholders, Ontario Teachers’ has said the largest LBO agreed to date may fail.
2 min read · 12 January 2013
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number ten – the deep freeze in US and European debt markets led to a giant pause in real estate activity and deteriorated lending terms for those still acquiring property.
2 min read · 12 January 2013
The consortium led by UK billionaire Sir Richard Branson’s The Virgin Group has expanded its Northern Rock turnaround team, as expectant bidders await the results of a Goldman Sachs proposed financing solution.
2 min read · 12 January 2013
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number nine – London broke records in 2007 for the most expensive property ever sold. Were the sellers calling the top of the market?
2 min read · 12 January 2013
The spin-out from 3i is profiting from investor appetite for mid-market deals as the credit crunch hits large buyouts.
3 min read · 12 January 2013