Those hoping for the LBO market to take up where it left off may be in for disappointment.
5 min read · 12 January 2013
European mid-market firms Palamon and Electra Private Equity as well as Morgan Stanley’s alternative investment arm have bought two high-risk credit cards from HSBC at a discount.
2 min read · 12 January 2013
There has been almost no movement in the European leveraged loan backlog since mid-August. Despite ongoing fundraising by alternative asset managers and banks for hung debt vehicles liquidity has yet to return to the debt markets.
2 min read · 12 January 2013
Lehman Brothers is following the example of Golman Sachs, KKR and others in launching a fund that will pick up deal-related debt at a discount.
2 min read · 12 January 2013
Isis Equity Partners, the UK mid-market buyout firm, has sold secure messaging company Boldon James to trade buyer Qinetiq, after securing contracts for the company with the UK Ministry of Defence and the UK Cabinet office.
2 min read · 12 January 2013
Three weeks after The Carlyle Group announced its investment in Brazilian real estate developer Scopel, New Jersey-based Prudential Real Estate Investors has joined with Racional Engenharia to target investments in Brazil’s industrial property market.
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
Olympus Capital Holdings Asia has invested $28 million in a joint venture established with China-listed cement producer Sichuan Golden Summit.
1 min read · 12 January 2013
Central and eastern European buyout firm Mid Europa Partners closed the largest-ever fund in the region on €1.53 billion, 40 percent oversubscribed.
2 min read · 12 January 2013
CDC, the UK government-backed emerging markets fund of funds, has nearly quadrupled its allocations to microfinance – the provision of small loans to entrepreneurs in developing nations.
1 min read · 12 January 2013