Deutsche Bank is selling the performing loan book backed by assets in Germany as interest in debt investment continues.
1 min read · 22 January 2013
In its foray into the sector the Bahrain-based investor is looking to take a slice of the $770bn US transport market with an investment in MRH Holdings.
2 min read · 22 January 2013
The Oregon Investment Council has also retained its target allocation to private equity at 16 percent.
1 min read · 22 January 2013
US private equity firm Sun Capital is keeping afloat on its investment in the bankrupt retailer, thanks largely to sale-leasebacks of several of the chain’s department outlets. Sun Capital and Cerberus, which sold its stake last year, bought Mervyn's for $1.2bn in 2004.
2 min read · 22 January 2013
Fresh off the close of its $7.5bn sixth buyout fund, the distressed-focused private equity firm will buy the CDOs from Merrill Lynch for $6.7bn. The investment bank will finance 75 percent of the purchase price.
2 min read · 22 January 2013
The private equity firm beat its combined target of $6.5bn for the two funds. It is the first time Lone Star has raised separate, side-by-side funds for each investment strategy.
2 min read · 22 January 2013
John Kukral, who was fundamental in building Blackstone’s real estate arm, will target US distressed real estate companies and assets with his debut fund, Northwood Real Estate Partners I. The fund is an evergreen vehicle.
2 min read · 22 January 2013
The US public pension looks to alternatives to drive returns, plowing $825m into private equity, real estate and hedge funds.
2 min read · 22 January 2013
The Washington-based private equity real estate firm has launched a debt financing vehicle to provide up to $1bn to struggling development projects in the US. It will focus on property developments with a total capitalization of between $20m and $75m.
1 min read · 22 January 2013
The pension fund has made commitments to five private equity and real estate funds, including $15m to the Arden Group’s $125m distressed real estate fund targeting the US and the Caribbean.
2 min read · 22 January 2013