TPG, Alchemy Partners and Permira have all been linked with a possible deal for debt related to Icelandic investor Baugur’s UK retail investments, which include House of Fraser, Debenhams and the iconic toy store, Hamleys.
2 min read · 22 January 2013
Simpson Thacher & Bartlett, the law firm for private equity and real estate heavyweights like Blackstone, KKR and JC Flowers, will guide the government as it spends up to $250bn purchasing equity stakes in banks.
1 min read · 22 January 2013
David Snow has some ideas for the US government, now the largest private equity firm in the world.
2 min read · 22 January 2013
Reports that Blackstone had abandoned plans to acquire a majority stake in a new Shanghai development were scotched by the seller, VXL Capital. VXL admitted though the closing date for the deal had been pushed back slightly.
2 min read · 22 January 2013
The Dubai government-backed private equity firm has opened an office in New York following the opening of a Shanghai office last year. The firm’s high-profile investments in North America have included Cirque du Soleil and Barneys New York.
2 min read · 22 January 2013
A rival bidder of Babcock & Brown's Communities arm, Prime Retirement Trust, is seeking to force shareholder approval for significant parts of Lend Lease’s competing $236.8m offer to buy a 40 percent stake in the retirement village investment fund.
2 min read · 22 January 2013
The Merrill Lynch Asian Real Estate Opportunity Fund is the firm’s first Asia-dedicated fund, which will focus on Japan, China, South Korea and India.
1 min read · 22 January 2013
The US investor is helping Slovakian developer GRUNT progress projects in Bratislava. GRUNT’s finance head says he sees the relationship being extended.
1 min read · 22 January 2013
Following the appointment of Mike Bryant as managing director of international debt recently, the firm has made Melanie Collett head of debt business development in the UK. GE is seeking to build on €4bn of real estate debt investments it has made in Europe since last year.
1 min read · 22 January 2013
Investcorp president and chief operating officer Gary Long says the Bahrain-based firm’s investments portfolios were ‘under pressure’ owing to volatility in the financial markets.
1 min read · 22 January 2013
