TPG Capital and a General Electric-backed fund had offered A$2.9bn for Australia's Asciano in one of the region's largest proposed private equity deals of the year[...]
Coming from Cyprus, he rose through the oil industry to become a professional investor and advisor. The gig: Chairman of TransGlobal Financial Corp., a private equity firm investing in and advising clients on emerging growth companies in such areas as healthcare, waste management and energy. Chairman, Vortex Resources Corp., an [...]
Foreign funds and private equity groups are seeing a rare opportunity to invest in China's property market, in part thanks to Beijing's recent efforts to cool down the country's once-soaring real estate sector[...]
LONDON (MarketWatch) -- Private equity firm Blackstone Group LP may bid for Anheuser-Busch Cos. Inc.'s theme parks unit, the Sunday Telegraph reported, without citing sources. U.S. brewing giant Anheuser is in the process of being acquired by InBev (INB.BT) and may spin off assets as part of that process. Blackstone [...]
Guess who holds your mortgage now? It's your friendly neighborhood hedge fund. Dozens of hedge funds, private-equity groups and other investors have plunged into the beaten-down mortgage market in recent months, buying tens of thousands of distressed loans[...]