Fresh from closing its fourth turnaround fund on $4 billion, WL Ross has hired John Kanas, former CEO of North Fork Bancorp, to advise on investments in distressed financial services firms.
Alliance Data Systems has dropped its case against Blackstone less than two weeks after suing the private equity firm to force an agreed $7.8 billion buyout.
Private equity real estate firms around the globe last year set a new record on the fundraising trail, according to proprietary statistics from PERE magazine.
Private equity real estate firms around the globe last year set a new record on the fundraising trail, according to proprietary statistics from PERE magazine.
On the heels of its $500 million investment in MBIA, Warburg Pincus has agreed to purchase an additional $300 million in shares as part of an oversubscribed $1 billion public offering. A source familiar with the matter told PEO the company is 'wildly undervalued'.
On the heels of its $500 million investment in MBIA, Warburg Pincus has agreed to purchase an additional $300 million in shares as part of an oversubscribed $1 billion public offering. A source familiar with the matter told PEO the company is 'wildly undervalued'.
The largest Islamically funded leveraged buyout debt in the UK has been syndicated by German bank West LB to investors in the Middle East, some of whom do not participate in Western market debt syndication for religious reasons.
Mellon Ventures’ successor firm Navigation Capital, along with limited partner Goldman Sachs, is looking to capitalise on an untapped niche in the specialty finance industry.
Linklaters’ banking partners Annette Kurdian and Nick Syson outline the shift to tighter deal terms and structure which began amid last summer’s liquidity crisis and shows little sign of abating.
Linklaters’ banking partners Annette Kurdian and Nick Syson outline the shift to tighter deal terms and structure which began amid last summer’s liquidity crisis and shows little sign of abating.