Andy Thomson
TowerBrook Capital Partners, the private equity firm formerly known as Soros Private Equity, has completed its first deal since being spun out of the Soros empire in April.
There are considerable opportunities in the Chinese non-performing loan (NPL) market, but foreign involvement has so far been scant. Albert McLelland and Sunny Lin cast an eye over recent developments.
Yates Group, the UK wine bar chain, is being acquired by property tycoon Robert Tchenguiz just nine months after being backed by private equity firm GI Partners.