Bain Capital Credit, Investec Light Up CHAMP's Gerard
Lenders to private equity-owned Gerard Lighting are close to sparking a deal, Street Talk can reveal. It is understood Bain Capital Credit and Investec are poised to sign a restructuring agreement as early as this week which will see the firms assume control of Australasia's largest lighting distribution and partnership network. As this column first reported, Bain Capital Credit increased its exposure to Gerard Lighting's debt stack in recent weeks, snapping up a $30 million loan from the leveraged finance arm of industrials giant Siemens.
This Private Equity Firm Has Been Hiring Deutsche Bank Juniors
<p>Top investment banking analysts are, of course, prime targets for private equity, which tend to recruit off-cycle whenever the need arises. But one London-based buy-side firm has been targeting the junior staff of Deutsche Bank.</p> <p>HG Capital has been taking on Deutsche Bank’s junior investment banking analysts in the past few months. It’s just hired Nika Kucifer, an analyst within Deutsche’s industrials M&A team, who joined the private equity firm’s investment team earlier this month. Kucifer worked at Deutsche for over two years, having previously interned with the bank in both London and Frankfurt. She has a first class degree in mechanical engineering from Imperial College London.</p>
M7-Starwood Capital Group JV Acquires 17 Properties for €74.5M
London, 23rd March, 2015 – MStar Europe, the joint venture set up by M7 Real Estate and Starwood Capital Group’s Starwood Global Opportunity Fund X (SOF X) to invest in high-yielding, multi-let assets in Continental Europe, announced today that it has agreed to acquire or has completed the purchase of 17 properties in Germany and the Netherlands. The assets were acquired from multiple owners and have a total combined purchase price of €74.5 million.
M7 and Starwood Joint Venture Acquires Nine German Light Industrial Properties for EUR57.6 million
MStar Europe, the multi-let property joint venture between M7 Real Estate and a controlled affiliate of Starwood Capital Group, has invested €57.6 million to acquire nine German light industrial warehouses from various vendors. Alyssa Huse, Managing Director of M7 Real Estate Germany GmbH, said: “The lack of development during the financial crisis means there is great potential for these well-located assets through hands-on management by our highly experienced team. We are actively looking for more of these high-yielding investments in Germany.”
Onex Buys Carton-Packaging Maker for $4.6 Billion
Canadian private-equity firm Onex Corporation said Monday it would pay EUR3.75 billion ($4.64 billion) for carton-packaging maker SIG Combibloc Group AG....
M7 Starwood Capital Group joint venture acquires nine German light industrial properties for €57.6 million (DE) » europe
MStar Europe, the multi-let property joint venture between M7 Real Estate and a controlled affiliate of Starwood Capital Group, has invested EUR57.6 million to acquire nine German light industrial ware...
US Private Equity Group, Blackstone, is “Giving Up On Russia”
US private equity group Blackstone is “giving up on Russia”, highlighting how even well-connected western investors are shying away from doing business in the country....
Schroder REIT Acquires Stacey Bushes Industrial Estate for EUR11.47M
The Company announces that it has exchanged unconditional contracts to acquire Stacey Bushes Industrial Estate in Milton Keynes for £9.2 million (approx. € 11.47 million)....
Robust Industrial Market Ahead for Much of North America
The North American industrial sector offers much to cheer and a few reasons for caution, according to experts at I.CON, an international conference organized by NAIOP on Thursday in Jersey City, N.J.
Investing Beyond the Border
For thirty years, Vesta has been investing in industrial real estate on the Mexican border. Williams explains why this intersection of first- and third worlds has taken Vesta to a $1 billion market cap.