The listed debt and equity provider has reported strong quarterly results and increased its dividend expectations, arguing that its “one stop buyout” model gives it a crucial advantage in the current market.
2 min read · 12 January 2013
Soon after PEO revealed that the Virgin Group is launching its first institutional buyout fund, its chief executive has reportedly outlined plans to pursue a ‘branded venture capitalism’ strategy, as it looks to take on large buyout firms like Blackstone and Apax.
2 min read · 12 January 2013
The Carlyle Group has made three senior hires into its recently-formed Asia leveraged finance team. The division, which is based in Hong Kong, is headed by Eric Mason who joined the buyout group in May from JP Morgan.
2 min read · 12 January 2013
Blackstone and Fortress are taking a beating on Wall Street today.
1 min read · 12 January 2013
A real estate investment fund owned by KKR suffered a 31 percent fall in its share price yesterday, after the vehicle was forced to sell $5 billion of residential mortgage loans at a loss.
2 min read · 12 January 2013
As Canada’s venture capital investments suffered a 12 percent year-over decline in the second quarter, private equity deals surged to a record C$55.6 billion, well outperforming last year’s total deal volume of C$11.6 billion.
2 min read · 12 January 2013
Cerberus portfolio company Aegis Mortgage has filed for bankruptcy – it owes the private equity firm $178 million.
2 min read · 12 January 2013
Asia’s private equity report card for the first half of this year is out: fundraising has surpassed last year’s record levels but transaction value has fallen compared to the first six months of 2006.
2 min read · 12 January 2013
Franklin Templeton Investments’ buyout arm has launched the largest mezzanine fund in central and eastern Europe.
2 min read · 12 January 2013
The Dallas-based private equity firm is being sued by Accredited Home Lenders after it said Friday it may back away from its previously agreed $400 million buyout of the subprime mortgage company. Lone Star has extended the tender deadline.
2 min read · 12 January 2013
