The German real estate and infrastructure lender announced a multi-billion euro credit facility today to shield it from disaster. It was enough, Hypo said, to cover its funding needs “well into the future”. Shares crashed 70 percent on the news.
The German real estate and infrastructure lender announced a multi-billion euro credit facility today to shield it from disaster. It was enough, Hypo said, to cover its funding needs “well into the future”. Shares crashed 70 percent on the news.
The former Institutional Real Estate Letter managing director, Steve Felix, has been appointed as Aviva Investors’ head of marketing for its North America real estate multi-manager platforms.
Private equity-backed M&A has steeply declined both in terms of total volume and as a percentage of M&A worldwide.
The German real estate and infrastructure lender announced a multi-billion euro credit facility today to shield it from disaster. It was enough, Hypo said, to cover its funding needs “well into the future”. Shares crashed 70 percent on the news.
Private equity-backed M&A has steeply declined both in terms of total volume and as a percentage of M&A worldwide.
BVCA head Simon Walker has distanced private equity’s investment strategy and remuneration scheme from investment banks and hedge funds, while speaking at a Conservative Party conference event. He also stressed the UK’s need for private equity’s vast capital reserves given current market conditions.
The mid-market buyout firm has agreed to a refinancing package – increasingly rare given credit dislocation – for sportswear brand Odlo on terms ‘very similar’ to the senior debt agreement put in place at the time of its original acquisition in 2006.
The biggest bank failure in US history is also one of the biggest publicly disclosed private equity losses in history. TPG has stressed that the investment represented only a small portion of its diversified assets.
The emerging markets specialist has invested $10m from its Central Asia fund in equipment leasing finance company Leasing Group. Launched last year, the fund has raised $60m of its $100m target.