Clayton, Dubilier & Rice, The Carlyle Group and Merrill Lynch Private Equity reclaim almost half of their original equity investment in the rental car company via a debt-financing commitment.
1 min read · 12 January 2013
While groups like New York’s Avenue Capital are seeing distressed opportunities increasing around the world, China is currently grabbing most attention. Andy Thomson finds out why.
3 min read · 12 January 2013
Fund manager AMVESCAP is buying WL Ross & Co, a US alternative assets manager, to beef up its product line-up for its clients.
2 min read · 12 January 2013
As real estate investors compete for increasingly scarce opportunities, the need for due diligence to be conducted quickly has never been greater. By Dave Keating
9 min read · 12 January 2013
THE 4 FOOD GROUPS 2006-07-01 Staff Writer <strong>RETAIL<br /> The kids aren't alright</strong><br /> In June, Six Flags announced it was mulling the sale of six amusement parks in Buffalo; Denver; Seattle; Houston; and Concord, California; as well as Magic Mountain, north of Los An
3 min read · 12 January 2013
The Washington, DC-based firm has closed its first mezzanine fund after making eight initial investments.
2 min read · 12 January 2013
New Jersey-headquartered GSC Partners has closed its second European fund in a month, raising €420m of commitments for GSC European CDO Fund III.
1 min read · 12 January 2013
Morgan Stanley Private Equity Asia is pushing ahead with an investment in Korea at a time when a number of heavyweight US GPs are under scrutiny from the Korean authorities.
2 min read · 12 January 2013
The San Francisco-based real estate secondary firm has acquired a UK portfolio of assets for $775m, believed to be the largest secondary transaction to date in the private equity real estate sector.
2 min read · 12 January 2013
With its high rates of growth and large, increasingly affluent populations, Central and Eastern Europe is becoming an ever-more important element of private equity portfolios. But while there is much cause for optimism, some reservations still remain. Andy Thomson spoke to representatives of three limited partner groups – Leon Hadass, vice president at Pantheon Ventures; Ray Maxwell, managing director in the private equity division at Invesco Asset Management; and Peter Wilson, managing director at HarbourVest Partners – to glean their views on the region's prospects.
6 min read · 12 January 2013
