MeinAuto drives for $1bn sale after scrapping IPO

MeinAuto drives for $1bn sale after scrapping IPO

German online car dealer MeinAuto is preparing to put itself up for sale after being forced to scrap plans for a stock market listing last year amid an industry downturn, according to four sources familiar with the matter. The company’s owner, private equity...
SWBC launches $200m real estate private equity fund

SWBC launches $200m real estate private equity fund

SWBC Investment Company has announced a series of private real estate investment funds. The first fund, SWBC RE Fund, LP, a Delaware-limited partnership, is now open to certain qualified investors, with a goal of raising $200m in equity. The creation of this Fund...