The Africa-focused firm has acquired 25% of an insurance and banking group in the Cote d’Ivoire in a deal worth just under $50m. ECP is currently raising its third pan-African fund with a target of $1bn.
Why the auction of the John Hancock Tower marks a very public end to Broadway Partners’ debt-driven strategy, and the start of a new era of bargains.
The Indonesian Infrastructure Financing Facility will provide financial assistance in the form of long-dated debt instruments, equity or guarantees for infrastructure projects in the country.
Leverkusen-based TMD Friction, which for six years was owned by UK buyout firm Montagu Private Equity, has now been bought out of bankruptcy by UK-based asset management firm Pamplona, saving 3,800 jobs.
CapDyn’s choice to acquire HRJ expands its products, while helping the fund of funds out of hot water, writes Amanda Janis.
The UK-listed mezzanine house is the latest firm to close a Tokyo office after having found the Japanese market difficult to penetrate. It will instead bolster its team in Sydney, where it has seen more deal flow.
In its third lawsuit in six years, Levine Leichtman has claimed Apollo failed to mark down assets used to collateralise its debt.
SK Capital is purchasing assets including manufacturing plants from St. Louis-based Solutia for $50m.
Jack Chandler spent nearly a decade in Asia for global fund management firm LaSalle Investment Management, building a $12bn business with more than 200 staff across six offices. He's not done building. Chandler spoke recently with PERE about his ambitions in the region, why he's not convinced on India and the importance of selling the merits of a deal before the elevator reaches the ground floor. PERE Magazine, April 2009 issue
PERE Magazine, April 2009 issue