The publicly listed firm amended the terms of its unsecured revolving credit agreement, a change analysts say is necessary to preserve access to capital in a challenging environment.
Shanghai opens gates to foreign investors * Lone Star may sue Korean government * Bohai to clinch Xugong deal
Report: JPMorgan execs line up Indonesian fund * Nexus in India venture push * Chinese billions in TPG fund * Anchorage Capital sees first close for debut fund * Temasek doubles annual profit * Direct Capital to launch NZ$350m fund * Sequoia Capital India raises $725m * Advent bets on Japan * Blackstone gets $100m from Cathay
KKR appoints Japan advisor * Pantheon hires three for Asia * Cinven hires in Hong Kong * Deshpande quits ICICI Venture * Morgan Stanley appoints infrastructure head * AIG hires in Japan and Hong Kong * Babcock & Brown chairman and CEO give in * Battery Ventures expands Israel team, to set shop in India * Olympus Capital sets up Indian team
The most extraordinary events we've ever seen
With the outlook gloomy for global markets, the sun is shining on Nordic private equity funds as they continue to attract capital at a healthy rate. Toby Mitchenall finds out why investors look favourably on the region, even in the dark times.
Leading Swiss private equity professionals believe that scepticism about the future prosperity of the asset class is misplaced. Andy Thomson reports from Zurich.
Despite current market turmoil, there's no need for gloom when it comes to the likely long-term results delivered by buyout funds. Katharina Lichtner of Capital Dynamics examines the various factors impacting performance and reaches some encouraging conclusions.
Different GPs have very different attitudes to risk - and produce very different performance profiles as a result. By Andy Thomson.
Does the end of cheap debt spell the end of Europe's exit boom?