U.S. buyout fund Lone Star has struck a $1.9-billion deal for hotel chain Unizo Holdings Co Ltd (3258.T), the Japanese firm said on Friday, ending a nine-month bidding war among global investors such as Blackstone Group (BX.N) and Fortress Investment Group. The...
GPs are playing defense and paying off their subscription lines of credit. Private equity firms are increasingly paying off their subscription lines of credit and calling in commitments from investors, leaving some limited partners worried about liquidity. General...
The latest CVC Asia Pacific fundraising exceeds its US$4 billion target CVC Capital Partners, one of the world’s largest private equity and investment advisory firms, is pleased to announce that it has successfully raised US$4.5 billion for its fifth Asia...
iDreamSky Technology Holdings Ltd. and buyout firm CVC Capital Partners are considering reducing their offer to jointly acquire rival gaming company Leyou Technologies Holdings Ltd., according to people familiar with the matter. The suitors are seeking to...
Private equity firms are fretting that they may be excluded from a small business loan program established as part of the $2 trillion stimulus bill. But they have already taken note that they qualify for another key provision in the legislation: the “payroll tax...
