As the lead underwriters on the Alliance Boots deal – JP Morgan, Deutsche Bank and Unicredit – prepared to reveal their syndication plans for the deal’s debt, Toby Lewis examined the potential options available to them.
3 min read · 12 January 2013
Kohlberg Kravis Roberts will become the latest alternative asset manager to raise funds on the public market, after revealing plans for a $1.25 billion initial public offering on the New York Stock Exchange before the end of the year.
2 min read · 12 January 2013
The central Europe mezzanine specialist has held a first close on its debut fund as it looks to capitalise on the favourable conditions for mezzanine investors. The fund has raised just under half of its €125 million target.
2 min read · 12 January 2013
Och-Ziff, one of the world’s largest hedge fund managers, will become the latest alternative asset manager to tap the public markets after revealing plans for a possible flotation on the New York Stock exchange.
2 min read · 12 January 2013
The hotly contested auction for cable company Virgin Media may be facilitated by shareholder Sir Richard Branson, while the number of reportedly interested bidders continues to increase.
2 min read · 12 January 2013
The Italian real estate investment firm has teamed with Unicredit Bank to create two new regional branches that will target residential development projects.
2 min read · 12 January 2013
City of London veteran Paul Myners has given UK private equity a boost by telling the Treasury Select Committee not to recommend further regulation of the industry. However, he took a less sympathetic view of practitioners’ current tax treatment.
4 min read · 12 January 2013
Litorina Kapital has bought Securia Systems, a personal insurance and protection company that has enjoyed 90 percent sales growth over the last two years.
1 min read · 12 January 2013
As ratings agency Standard & Poor’s criticises covenant loose loans for being covenant-lite by the backdoor, a senior banker tells Toby Lewis cov-lite loans will become extinct.
4 min read · 12 January 2013
Seol-based Jong Won Lee and Yuchul Rhim have become managing directors at the Silicon Valley-headquartered H&QAP.
2 min read · 12 January 2013