New York-based Crestview Partners, a Goldman Sachs spin-out, has agreed to acquire Symbion, a US operator of short stay surgical facilities, for $637 million.
2 min read · 22 January 2013
The Blackstone Group has set a price range for its public offering, which has the potential to raise up to $4.8 billion, valuing the firm at approximately $40 billion.
1 min read · 22 January 2013
A Blackstone hotel property in New York City makes a bet on top UK chef Gordon Ramsay.
2 min read · 22 January 2013
Citigroup Alternative Investments has launched a new team to make investments in infrastructure, bringing in two specialists from Ferrovial and Deutsche Bank, respectively, as co-heads.
1 min read · 22 January 2013
The French private equity firm has started exclusive negotiations to buy Kaufman et Broad, in the latest example of frenetic M&A activity in the European homebuilding sector.
1 min read · 22 January 2013
Witnesses at a US House committee hearing agreed that the booming private equity industry is not at fault for America’s growing divide between the rich and poor. Opinions diverged, however, as to how best address this phenomenon.
2 min read · 22 January 2013
The San Francisco firm’s offer of $69.25 per share has been deemed “superior” by the board of Genesis Health Care—though there is still time for a counter-offer from JER and Formation.
2 min read · 22 January 2013
Alternative investment firm Investcorp has acquired nine US hotels for $450m—in addition to buying a single hotel in Milwaukee.
2 min read · 22 January 2013
The property arm of the New York-based hedge fund has filed documents for a $200m publicly traded REIT focused on investments in real estate debt.
1 min read · 22 January 2013
Washington-based real estate investment bank Perseus Realty Capital has added Jay Jarrett to its roster as it looks to establish a fundraising practice.
1 min read · 22 January 2013
