Gautum Patel will be based in the venture firm’s Silicon Valley office until the second half of 2008, when he and fellow GP Ramneek Gupta relocate to Mumbai.
JC Flowers & Company and two partners are pursuing a €1.1 billion investment in German commercial real estate lender Hypo Real Estate.
Halliburton is mulling a counterbid as Expro’s share price jumped well above Candover’s £1.75bn agreed offer.
Gautum Patel will be based in the venture firm’s Silicon Valley office until the second half of 2008, when he and fellow GP Ramneek Gupta relocate to Mumbai.
The years leading up to 2007 generated rising returns for private equity firms, as investors made use of highly favourable conditions in the credit markets.
The years leading up to 2007 generated rising returns for private equity firms, as investors made use of highly favourable conditions in the credit markets.
The biggest LBO proposed to date has reportedly hit a financing snag just weeks before it was expected to close.
TPG and New Mountain Capital have joined an investment in Tygris Commercial Finance Group, which in turn has agreed to acquire a DLJ Merchant Banking-backed equipment finance company.
The years leading up to 2007 generated rising returns for buyout firms, as investors made use of highly favourable conditions in the credit markets.
Apollo Real Estate has plugged a gap in its European property coverage by acquiring a specialist debt company in London and now plans to raise a $1 billion fund.