Chris Rolling and Ashley Unwin will lose their jobs following a cash infusion at the troubled music group.
2 min read · 22 January 2013
The Asia-focused buyout firm has wrapped up fundraising more than $1bn shy of its original target.
2 min read · 22 January 2013
The sale of the power company comes a week after Temasek said it had scrapped the auction, citing unfavourable market conditions. It has now sold all three of its power companies in 2008 for a sum of S$11.7bn.
2 min read · 22 January 2013
Chicago mayor Richard Daley has approved the bid from the investment bank’s infrastructure group to operate the city’s 36,000 metered parking spaces. The bid, if given approval by city council, would be the first long-term privatisation of a major metropolitan parking system in the US.
3 min read · 22 January 2013
The global buyout firm will eliminate 100 of its 1,000 employees as the firm tries to adjust to contractions in global financial markets. It will also shut its Menlo Park office.
2 min read · 22 January 2013
First Atlantic Real Estate has sold two office properties in the Italian capital from its listed closed-ended fund, Berenice. The firm was taken over by private equity fund manager DeA Capital last summer, as it sought to expand into real estate.
1 min read · 22 January 2013
The real estate management subsidiary of BNP Paribas Real Estate now has more than 25m square metres of commercial real estate under management in Europe.
1 min read · 22 January 2013
The largest telephone carrier in Hawaii cited a heavy debt load, increased competition and market turmoil as reasons to seek protection under Chapter 11 while it restructures its business.
2 min read · 22 January 2013
The Chinese sovereiegn fund has reportedly hired Zhou Yuan, former China head of global investment bank UBS.
1 min read · 22 January 2013
The Chinese sovereign fund has reportedly hired Zhou Yuan, former China head of global investment bank UBS to lead its real estate and private equity funds.
1 min read · 22 January 2013
