The future demand for images will determine Hellman & Friedman's success with Getty Images.
Great vintage years grow amid the wreckage of over-exuberance. And there's data to prove this.
Wendel Investissement's smooth journey from holding company to global private equity firm has become a little bumpier.
Investors are increasingly concerned. Managers may have curtailed any investment excesses as credit markets have closed, but are they still in denial as capital market pain turns to economic reality?
The fear factor
The US private equity firm has agreed to buy a €1bn portfolio from the logistics subsidiary of German mailing company Deutsche Post.
The firm has invested or committed most of the funds it raised in its initial public offering in April last year, ahead of its two year target to invest the money.
The private equity firm’s ninth real estate fund – the largest ever private equity real estate fund raised – will take advantage of current market dislocation.
The publicly listed KKR affiliate has agreed to swap $3.5 billion in debt for assets with its asset-backed commercial paper issuers. It will also sell a controlling interest in its REIT subsidiary to Rock Capital 2 and has proposed a rights offering of 20 million shares for ‘general corporate purposes’.
Citi Property Investors has teamed up with Israel-listed Gazit-Globe to invest in and force through restructuring plans at Central and Eastern European developer Meinl European Land.