DLJ Merchant Banking Partners and JP Morgan held onto Vitopel for 12 years before selling the company to Vision for an undisclosed amount.
DLJ Merchant Banking Partners and JP Morgan held onto Vitopel for 12 years before selling the company to Vision for an undisclosed amount.
The US private equity firm, TPG Capital, and London-based Patron Capital, have persuaded Class A bondholders in a defaulted CMBS situation to accept a restructuring proposal.
The US private equity firm, TPG Capital, and London-based Patron Capital, have persuaded Class A bondholders in a defaulted CMBS situation to accept a restructuring proposal.
For private equity fund managers adding debt investments to their strategy, finding success can require stepping out of a firm’s comfort zone, writes Perry Mandarino.
The Carlyle Group has set a price range between $23 and $25 per share for its IPO, which is expected to happen this year.
The partners will use close to $664m in private activity bonds and a $422m TIFIA loan to help finance the project. However, construction costs are not fully funded and are dependent on tolls collected on the existing tunnels during construction.
AIG Global Real Estate, the one-time $40 billion real estate investment management business of credit crunch poster-boy American International Group, wants to be a real estate player again. It might just have the capacity for a comeback.
Onex managing director Andrew Sheiner will leave at the end of June to start a new private equity platform targeting 'less volatile' investments, Sheiner says.
Onex managing director Andrew Sheiner will leave at the end of June to start a new private equity platform targeting 'less volatile' investments, Sheiner says.