The Korean buyout firm is looking to sell its 30.7% stake in the credit card company to telecommunications company KT Corporation.
1 min read · 15 January 2013
Affinity Equity Partners-backed clothing company Colorado Group has been placed into administration after its creditors rejected rescue proposals. It is the second time in six months a private equity-backed Australian business has gone into administration following Pacific Equity Partner’s REDgroup last October.
2 min read · 15 January 2013
KKR’s mezzanine group, led by Fred Goltz, has been partnering with other private equity firms on mezzanine deals, but may put more focus into finding non-sponsored transactions this year.
3 min read · 15 January 2013
A reenergised high-yield bond market is shaping private equity fund managers’ approach towards securing credit.
4 min read · 15 January 2013
The EU Commission is now in the process of receiving public feedback regarding possible taxes on private equity transactions, GPs’ remuneration and the wider financial industry.
3 min read · 15 January 2013
With Japan still reeling from the largest earthquake in its history, private equity business in the country has been put on pause.
4 min read · 15 January 2013
With Japan still reeling from the largest earthquake in its history, private equity business in the country has been put on pause.
4 min read · 15 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the SEC, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 15 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 15 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 15 January 2013
