Things change 2005-10-01 Staff Writer Creative destruction works well for people with a fund. The forces that allow a business to thrive off change are capital and talent and, at least in theory, a fund should be the purest repository of these resources.<br /> <br /> This, the October issue of
2 min read · 23 January 2013
Adam Blumenthal and Josh Wolf-Powers, former investment professionals for the Comptroller of the City of New York, have left the pension advisor to launch an independent private equity firm that will focus on ‘complex situations’.
2 min read · 23 January 2013
Private investment firm Oaktree Capital Management has acquired an ownership stake in two Las Vegas casinos.
1 min read · 23 January 2013
The midmarket firm has sold budget French hotel chain B&B Hotel to listed private equity firm Eurazeo.
2 min read · 23 January 2013
International private equity firm The Carlyle Group is adding personnel to its US venture capital and growth capital teams.
1 min read · 23 January 2013
LBO France has entered into exclusive talks to acquire the French clay tile manufacturer from the private equity consortium.
1 min read · 23 January 2013
Scandals & celebrities 2005-09-01 Staff Writer There are few buildings connected to a single event in the way The Watergate is connected to the scandal that eventually brought about the resignation of President Richard Nixon. Still, the Watergate complex, which includes a hotel, shopping center, apartmen
2 min read · 23 January 2013
A neighborhood by any other name 2005-09-01 Staff Writer As recently reported in <italic>The New York Times</italic>, the slowly gentrifying South Bronx is being rechristened as “SoBro” by residents as they recast a neighborhood that was once synonymous with burning cars and vacants lots, rather
2 min read · 23 January 2013
A condo conga 2005-09-01 Staff Writer Private equity real estate investors have long been predicting a correction in the Miami condo market – and for just as long they've been wrong. Now, however, a backlash against South Beach condominiums is beginning to emerge, not in the form of plunging prices or loan d
2 min read · 23 January 2013
Quotable 2005-09-01 Staff Writer <bold>“I really didn't think it could be possible, or as easy as it was. I repair houses all day anyway, and figured I might as well start making some real money.”</bold><br /> <br /> – Wayne Carney, a professional handyman and “self-described Averag
1 min read · 23 January 2013
