London-based services group Savills has acquired New York real estate investment bank Granite Partners for $54m.
1 min read · 12 January 2013
In Denmark, a law has been passed to remove the favourable tax status enjoyed by leveraged loans.
5 min read · 12 January 2013
Separate reports from two leading authorities on the private equity market have thrown a positive light on the recent upheavals in the debt markets.
4 min read · 12 January 2013
Los Angeles-based US Renewables Group has held a final close on its second fund, which will target renewable energy opportunities. It is nearly five times the size of its predecessor.
2 min read · 12 January 2013
Jefferies, the US boutique investment bank, has signalled its intention to further develop its European private equity offering by appointing Bruce Huber and Warren Scott to manage financial sponsor relationships in the region. It is also looking to build its financing business.
2 min read · 12 January 2013
The alternative assets manager is capitalising on the booming wealth of the Gulf region with a spate of new buyout, mezzanine and growth capital funds and an almost 50 percent increase in client assets.
2 min read · 12 January 2013
Investment bank Goldman Sachs has expanded its private equity programme with the advent of GS Direct, a middle-market-focused investment division.
2 min read · 12 January 2013
Ratings agency Moody’s is worried about the levels of debt being issued to private equity. It has highlighted refinancing as a concern claiming firms used this as a way to pass risk on to lenders, despite stated intentions to de-leverage.
2 min read · 12 January 2013
Blackstone units began to trade today above their $31 IPO price, climbing back from the $28.75 low it hit last Friday, the stock’s first trading day. The market could change directions again next week as US congressmen begin hearings on private equity.
2 min read · 12 January 2013
Global equity markets fell yesterday as investors, spooked by the recent jitters in the credit markets, looked to take refuge in less risky stocks.
2 min read · 12 January 2013
