Pithy quotes from people in and outside of the real estate industry
2 min read · 12 January 2013
Banks and investment groups may have found a cure for debt indigestion in the form of the hung bridge fund. By Andy Thomson.
3 min read · 12 January 2013
An African buyout fund has got off to a flyer on the fundraising trail, thanks to a little help from Saudi Arabian royalty.
5 min read · 12 January 2013
Those hoping for the LBO market to take up where it left off may be in for disappointment.
5 min read · 12 January 2013
A larger buyout market has shown signs of gathering momentum in Spain over the last few years. To what extent has it been derailed by the credit crunch? Toby Lewis explores.
4 min read · 12 January 2013
Cerberus’ proposed $62 per share buyout of Affiliated Computer Services is the latest LBO to fall apart.
2 min read · 12 January 2013
HBoS, the UK bank, has restructured its acquisition finance and structured finance teams into one leveraged finance unit as it looks to expand its European operations.
2 min read · 12 January 2013
Pension funds anticipate private equity returns over the next three years to be 38 percent lower than managers’ expectations. However, pension funds’ desire to invest in the asset class remains high.
2 min read · 12 January 2013
The value of leveraged buyouts in Europe in quarter three fell by more than two-thirds while providing evidence that the mid-market continues to be an active source of deals.
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