KKR appoints China advisors * Kleiner Perkins bolsters China resource * AlixPartners to ride India wave * Herbert Smith hires for new Dubai office * Bain appoints Japanese tech veteran * Green joins Barwon as third partner * Navis expansion gathers speed * ABN AMRO expands Asia financial sponsor coverage
US investment group Lone Star has pulled its planned exit from Korea Exchange Bank following continuing investigations into its investment in 2003.
A Korean court today issued warrants to arrest US-based Ellis Short and Michael Thompson on alleged stock manipulation charges. The warrants came through after prosecutors failed in their applications twice before.
Debt has never been cheaper, but it may have finally bottomed out.
A reapplication by Korean supreme Prosecutor’s Office to detain and arrest three senior executives of Lone Star including co-founder Ellis Short has been turned down by the courts again on 7 November.
The UK’s Financial Services Authority has outlined the possible threats to financial stability posed by private equity.
In recent days, the investment bank has announced three successive strategic investments alterative investment platforms, including a hedge fund, fund of hedge funds and a distressed investment firm, in an ongoing bid to bolster its alternative investment business.
Warburg Pincus has bought easycash, a German point of sale network service provider, from First Data International for an undisclosed sum.
The New York private equity firm has teamed with Los Angeles hedge fund Canyon Capital to acquire Logan’s Roadhouse for $486m.
The UK mid-market firm has sold its stake in a UK healthfood supplier, making six times its investment.