Candover has salvaged its troubled bid for Dutch conglomerate Stork by teaming up with the Icelandic consortium that jeopardised its initial bid.
A consortium led by Virgin Group and including WL Ross has tabled a preferred bid for struggling UK bank Northern Rock. The bid provides shareholders with a way to benefit from the upside of any turnaround.
A consortium led by Virgin Group and including WL Ross has tabled a preferred bid for struggling UK bank Northern Rock. The bid provides shareholders with a way to benefit from the upside of any turnaround.
SGAM Alternative Investments has expanded its Central and Eastern European buyout team as the firm looks to increase its use of leverage in the region.
The bids are shaping up for UK bank Northern Rock as its share price continues to drop.
Hedge fund managers are rubbing their hands at the prospect of a rapid increase in loan-to-own opportunities as covenant breaches are predicted to rise, according to the latest research.
Hedge fund managers are rubbing their hands at the prospect of a rapid increase in loan-to-own opportunities as covenant breaches are predicted to rise, according to the latest research.
Hedge fund managers are rubbing their hands at the prospect of a rapid increase in loan-to-own opportunities as covenant breaches are predicted to rise, according to the latest research.
European buyout firm Bridgepoint has made its first standalone acquisition in central and eastern Europe after opening an office in the region six months ago. At the same time it has managed to recapitalise a Finnish business despite debt market travails.
Intermediate Capital Group, the UK debt investor and fund manager, has recruited for its CDO and institutional mandate team. It is looking to widen its trading expertise with a recruit to its leveraged loans team.