Global Infrastructure Partners and energy company Fortistar have acquired bankrupt Texas power generation plant Channelview after US courts approved the deal last month.
2 min read · 12 January 2013
Penn National will receive $225m in cash and $1.25bn in preferred shares after the Fortress and Centerbridge-led deal to buy the casino and race-track company was terminated. Penn said a ‘re-negotiated, reduced purchase price was not a viable option.’
2 min read · 12 January 2013
Casino operator Penn National will receive $225m in cash and $1.25bn in preferred shares after the Fortress- and Centerbridge-led deal was terminated. Penn said a ‘re-negotiated, reduced purchase price was not a viable option.’
2 min read · 12 January 2013
The McLean, Virginia-based firm closes 12 debt deals through its US Debt Co-Investment fund, a joint venture between its private equity real estate arm, JER Partners, and its REIT, JER Investors Trust.
2 min read · 12 January 2013
Private equity real estate firms globally raised $40bn during the first half of 2008, according to proprietary data from sister publication PERE Magazine. This tally puts GPs on course to raise more than the record-breaking totals of last year.
2 min read · 12 January 2013
The McLean, Virginia-based firm closes 12 debt deals through its US Debt Co-Investment fund, a joint venture between its private equity real estate arm, JER Partners, and its REIT, JER Investors Trust.
2 min read · 12 January 2013
The UK-listed business had languished since talks with a strategic buyer collapsed in the middle of last month. Interest from a consortium of three firms has lifted the share price.
1 min read · 12 January 2013
Private equity real estate firms globally raised $40bn during the first half of 2008, according to proprietary data from sister publication PERE Magazine. This tally puts GPs on course to raise more than the record-breaking totals of last year.
2 min read · 12 January 2013
Private equity real estate firms globally raised $40bn during the first half of 2008, according to proprietary data from PERE magazine. This tally puts GPs on course to raise more than the record-breaking totals of last year. During the first six months of 2007, private equity real estate firms raised $30bn in capital.
2 min read · 12 January 2013
Chinese companies coping with economic volatility and regulatory reform are now looking to upgrade their operations, creating the right climate for restructuring opportunities. Rob Kotecki reports.
6 min read · 12 January 2013
