Daisy Group demerges DWS after PE-investment values unit at £1bn

Daisy Group demerges DWS after PE-investment values unit at £1bn

The Daisy Group will demerge its channel business Digital Wholesale Solutions (DWS) following an investment from private equity firm Inflexion. Inflexion is said to have acquired a “significant” minority stake in DWS that values the business at £1 billion and the...
Foresight holds interim close of FEIP at EUR430m

Foresight holds interim close of FEIP at EUR430m

Infrastructure and private equity investment manager Foresight Group has held an interim close for Foresight Energy Infrastructure Partners (FEIP) with commitments of EUR430 million. Including co-investments to date, this represents a total capital pool in excess of...
Lufthansa raises €500 million with A350s and A320s as security

Lufthansa raises €500 million with A350s and A320s as security

Lufthansa has used eight of its aircraft as security in a range of financing transactions which have raised €500 million ($614 million) since last July. The German carrier says five of its Airbus A350s and three A320-family aircraft were used as collateral to raise...
Marathon Asset Management Closes $2.5 Billion Distressed Fund

Marathon Asset Management Closes $2.5 Billion Distressed Fund

Marathon Asset Management, a leading global credit investment manager, today announced the final close for its Marathon Distressed Credit Fund, which was oversubscribed with approximately $2.5 billion in commitments. The fund will invest in a wide range of...