Fred Eckert is chairman and CEO of GSC Partners, an investment group that already is active in CDOs, distressed investing and European mezzanine finance. He spoke to Private Equity International about the products, the people and the plans shaping this business.
10 min read · 08 February 2013
Nick Gaynor, Deutsche Bank’s head of financial sponsor coverage for the EMEA region, has joined the subsidiary alternatives firm to lead its charge into direct and co-investments.
1 min read · 08 February 2013
The Boston-based firm has purchased a 51% stake in Fifth Third Bancorp’s financial institutions processing business as it continues to build its pay processing platform.
2 min read · 08 February 2013
The US government's moves to gain greater regulatory control over large financial instutions would obligate some private equity firms to register with the SEC and supply data including the names of LPs and leverage levels on deals.
3 min read · 08 February 2013
The New York-based private equity firm has taken the unusual step of suing two of its smaller LPs – Chalice Fund and WK CG Investments – for allegedly defaulting on capital contributions to three funds.
2 min read · 08 February 2013
Fortress shares doubled after the US Treasury outlined plans this week to buy up to $1trn in toxic assets by combining public and private equity. Blackstone and Och-Ziff have also seen their stocks rise.
2 min read · 08 February 2013
Recently voted best law firm for fund formation in Europe in the Private Equity International Awards 2008, SJ Berwin has identified China and East Asia as 'critical markets for the future', according to senior partner Jonathan Blake. The firm will open its 10th office in Hong Kong – its first outside Europe.
2 min read · 08 February 2013
Private funds and investors are essential to the US Treasury’s plan to rejuvenate credit markets with the purchase of banks’ real estate-related toxic assets.
3 min read · 08 February 2013
Vivek Paul, a former TPG Ventures partner and CEO of Wipro Technologies, has set up his own private equity firm and has reportedly started raising capital for a $400m fund.
2 min read · 08 February 2013
Private funds and investors are essential to the US Treasury’s plan to rejuvenate credit markets with the purchase of banks’ toxic assets.
3 min read · 08 February 2013
