Will the US' Term Asset-Backed Securities Loan Facility be the kickstart the commercial real estate industry hopes it to be?
2 min read · 21 January 2013
David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from private equity and hedge funds including Carlyle, Riverstone, Aldus, Falconhead, Odyssey, Access Capital, GKM Newport, Paladin Capital Group, Pequot and PCG.
4 min read · 21 January 2013
The private equity firm, which first bought into MBIA in 2007, has increased its stake after the bond insurer separated its municipal bond insurance arm from its mortgage-backed insurance unit in an attempt to restructure.
2 min read · 21 January 2013
A consortium led by the Bahrain-based listed private equity firm has acquired a 70% stake in L’Azurde, a Saudi Arabian jewellery company valued at $300m. The demographics underpinning MENA's demand for jewellery are encouraging, said co-head of Investcorp’s Gulf growth capital business, Azmat Taufique.
2 min read · 21 January 2013
The California-based firm is buying the newspaper, which has a weekday circulation of 270,000, as the newspaper industry continues to contract amid plummeting sales.
2 min read · 21 January 2013
Bank of America has made 14-year Merrill Lynch veteran James Forbes the head of its real estate and private equity business.
2 min read · 21 January 2013
Terracap Partners is raising its debut fund targeting distressed properties in Florida and IRRs up to 27%.
1 min read · 21 January 2013
The alternative investment firm has a held a first close on its second China-focused buyout fund which is targeting an undisclosed amount.
2 min read · 21 January 2013
The real estate investment firm has submitted an unsolicited bid to Virginia’s Secretary of Transportation seeking an unprecedented 60-year concession agreement with the Port of Virginia. If approved the offer would force the launch a formal bidding process for the port.
2 min read · 21 January 2013
The real estate investment firm has submitted an unsolicited bid to Virginia’s Secretary of Transportation seeking an unprecedented 60-year concession agreement with the Port of Virginia. If approved the offer would force the launch a formal bidding process for the port.
1 min read · 21 January 2013
