The US investment firm that took over troubled Austrian bank Bawag-PSK in May is now selling a property package that belonged to its new acquisition.
1 min read · 12 January 2013
Central and eastern European buyout firm Mid Europa Partners closed the largest-ever fund in the region on €1.53 billion, 40 percent oversubscribed.
2 min read · 12 January 2013
KKR and Goldman Sachs have struck a $400 million deal allowing them to terminate their agreed $8 billion buyout of Harman International Industries without litigation or paying a breakup fee to the audio equipment maker.
2 min read · 12 January 2013
CDC, the UK government-backed emerging markets fund of funds, has nearly quadrupled its allocations to microfinance – the provision of small loans to entrepreneurs in developing nations.
1 min read · 12 January 2013
Rivenrock Capital has bought Small World Toys out of bankruptcy in yet another distressed play amid tightening credit markets.
2 min read · 12 January 2013
Alternative asset manager The Blackstone Group is reportedly preparing a bid for US student loan provider Sallie Mae, once it resolves its dispute over a JC Flowers-led consortium’s abandoned $25 billion bid.
2 min read · 12 January 2013
The UK Chancellor has increased the tax burden on the country's beleaguered buyout executives. But his move is carefully calculated to keep the industry in London, writes Nicholas Lockley.
2 min read · 12 January 2013
Lone Star has finally completed its acquisition of Accredited Home Lenders. It paid $311 million for the mortgage company, a price significantly lower than its original bid.
1 min read · 12 January 2013
Lightyear Capital has acquired the UK operations of German insurance company Württembergische Versicherung, after ensuring the company could become a member of Lloyd’s of London.
1 min read · 12 January 2013
VSS has agreed to pay $185 million for direct marketing company TRANZACT, generating for its owner, Halyard Capital, a return of 12 times its investment and an 85 percent IRR.
2 min read · 12 January 2013
