As 2007 draws to a close, the end-of-year surveys reveal that despite gloomy predictions for the short-term future, investors in alternatives still view real estate as a safe bet for the medium-term.
The Spanish buyout firm has teamed with The Carlyle Group to buy web hosting firm Arsys for €160m – in the process avoiding the kind of competitive auction that proved unproductive for the firm this year.
The buyout firm has hired Steve Sterling of Bear Stearns for a newly created role as head of its US leveraged finance research team.
The UK property company has tapped investors including Victoria Funds Management Corporation of Australia for Trillium PPP Investment Partners which gives investors exposure to public private partnership contracts in the UK.
Pirelli Real Estate has said no agreement has been reached to create a European Retail Premium Group contrary to a statement issued by German retail company, Arcandor.
Bain and TH Lee have pushed back the closing deadline by six months for their $27.5 billion buyout of Clear Channel. Goldman Sachs recently did the same for its $1 billion buyout of Myers Industries.
The buyout group continues to enhance its debt market activities with closure of its first ever ‘credit liquidity’ fund.
After keeping its powder dry in 2007, Tony Mallin's firm Star Capital Partners is looking forward to a busier 2008 as capital intensive businesses turn to private equity.
Wilken von Hodenberg, head of Germany's longest established private equity manager, is looking forward to the next 12 months, despite capital market turmoil.
Istithmar, a Dubai government-owned investment firm, reportedly plans to diversify into venture capital and debt investing as the unavailability of leverage makes larger deals more difficult.