Suzanne Weinstock
The Los Angeles alternative investment firm has raised the largest ever distressed debt fund, more than three times the size of its previous similar vehicle.
The bar code scanner company has agreed to be acquired by Honeywell International after being taken private for $398.5 million in December 2006.
Recently rebranded Istithmar World, backed by the Dubai government, has agreed to purchase a majority stake in US firm Gulf Stream Asset Management.
The global buyout firm has closed one loan fund while reportedly fundraising for another, as it looks to capitalise on credit market turmoil.
An SEC filing reveals the mega-firm’s IRRs to date as well as fundraising status for its seventh buyout fund.
Apollo, TPG and Blackstone are reportedly close to a deal to buy assets including leveraged loans linked to the firms’ own portfolio companies.
The global buyout firm has closed a distressed credit vehicle on more than double its target, while it raises more than $9.6bn for five other funds.
The Canada Pension Plan Investment Board has teamed up with Blackstone and a Canadian telecom company to bid in an upcoming spectrum auction. The consortium has deposited $340 million toward that end.
The Canada Pension Plan Investment Board has teamed up with Blackstone and a Canadian telecom company to bid in an upcoming spectrum auction. The consortium has deposited $340 million toward that end.
Billionaire Wilbur Ross has agreed to provide growth capital to MBIA competitor Assured Guaranty.