The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
Nabil Triki is a managing director and head of private equity at Swicorp. He joined the firm in 2003 after spending several years as a project leader with the Boston Consulting Group in Paris. He has also worked as a project manager for Honeywell in Los Angeles and in corporate development for Unilever in New York. Swicorp was founded in 1987 as a boutique investment bank. The firm now operates three principal businesses: financial advisory services, principal investment, and private equity. It launched the private equity business in 2004 and currently manages three funds with $1.5 billion in total assets, with a fourth fund being marketed right now.
Despite seeing little private equity activity since late last year, industry professionals in New Zealand are optimistic about the country's prospects. Many have pinned their hopes on the mid-market, reports Siddharth Poddar reports.
Chinese companies coping with economic volatility and regulatory reform are now looking to upgrade their operations, creating the right climate for restructuring opportunities. Rob Kotecki reports.
Limited partners are wrong to think that Asian private equity portfolios should deliver a premium over Western markets because the risk is categorically higher. It is not.
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
Private equity real estate firms globally raised $40bn during the first half of 2008, according to proprietary data from PERE magazine. This tally puts GPs on course to raise more than the record-breaking totals of last year. During the first six months of 2007, private equity real estate firms raised $30bn in capital.
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
The corporate debt and real estate specialist has acquired CIT Group’s troubled Home Lending business, Lone Star’s third mortgage-related deal since October.
Graham Packaging, owned by private equity firms Blackstone and Graham Group, has been selected as a takeover target after the Tom Hicks-run SPAC reviewed more than 100 potential deals and tapped into its founder’s relationships with buyout firms.