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
The firm's private equity arm wants to use half the uninvested capital from its $20bn buyout fund to back distressed companies and buy discounted debt.
2 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
Canada Land Limited, the Hong Kong-based development company, has launched CDL China Real Estate Opportunity Fund to target distressed residential assets in greater China. It plans to liquidate part of the fund through an IPO if the Chinese economy improves.
2 min read · 21 January 2013
The real estate arm of global asset management group Franklin Templeton Investments holds a final close for its Asian multi-manager product.
1 min read · 21 January 2013
Pacific Alliance Group is to purchase $46 million in convertible bonds from Secured Capital Japan, as well as forming a strategic alliance with the Tokyo-based investment manager to purchase assets and distressed debt in Japan and China.
1 min read · 21 January 2013
The San Antonio, Texas-based real estate investment firm will focus on distressed US property sellers in states such as Texas, Colorado and Florida.
1 min read · 21 January 2013
Hong Kong-based CITIC Capital is reportedly in talks with China's national pension fund and the China Development Bank to set up a buyout and a venture fund.
2 min read · 21 January 2013
Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 21 January 2013
London based Palmer Capital Partners and 30 directors at UK property services firm GVA Grimley, are to launch a £75 million property fund aimed at buying distressed assets at bottom of the market prices.
2 min read · 21 January 2013
