TPG related stories
All articles and analysis
- DLJ bets on Hard Rock
Credit Suisse's private equity arm has acquired the Hard Rock Hotel and Casino in Las Vegas.
- LA story
Apollo Real Estate Advisors has hired Hollywood property pro Frank Buckley to join its West Coast operation.
- The Five Food Groups - November 2008
Five Food Groups 2008-11-01 Staff Writer RETAIL Heading for the sales Mervyns may have pointed the finger of bankruptcy blame at its private equity-backers but the California discount chain hasn't been able to overcome the reality of 2008: that retail is
- Tri-Artisan moves into real estate principal investing
The private merchant bank has appointed former Bear Stearns executive, Thomas Harney, to lead the new real estate operation, which will focus on recapitalisations, joint ventures and opportunistic debt and equity investments.
- Private equity firms circle Baugur debt
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.
- Harrah’s seeks to restructure $3bn in debt
The Apollo Global Management and TPG-backed casino operator has struggled in the faltering economy with dwindling revenue and heavy debt loads. The company is seeking to restructure its debt to extend maturities and reduce its outstanding principal.
- Sainsbury says property worth £8bn
The company, which has been the target of private equity bidding largely because its property portfolio was thought to be so valuable, has given an estimate of its real estate worth.
- Against expectations, Sainsbury adds to property
Though its private equity bidders may have wanted to sell off its property assets, the chain has actually bought back 38 of its stores since rejecting their offers.
- Top trends of 2007: hotels are happening
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number seven - private equity was allocated to the hospitality sector in a big way in 2007.
- The Blackstone Group opens office in Tokyo
The Blackstone Group has recently opened an office in Tokyo, headed by Alan Miyasaki, who has moved over from New York to spearhead the group’s real estate investment activity.