Hints and tips:
...The group behind the Les Paul, Flying V and Epiphone brands filed for Chapter 11 bankruptcy protection in May, overwhelmed by the debt it took on to fund an ill-fated diversification into headphones and...
...suspicion of big overseas funds....
...TPG’s fundraising comes as the group is in the early stages of management change....
...People close to the situation said V.Ships’ top management would re-invest into the company alongside Omers....
...By contrast, the TPG V fund’s first-quarter update, dated May 28 and reviewed by the FT, estimated that its stake was worth 20 cents on the dollar....
...The estimated value of the investments was detailed in a report dated May 28 sent to investors in the TPG Partners V fund....
...Its new Riverside Capital Appreciation Fund V is focused on the US, but it also has separate funds in Europe and Asia....
...The expanding roster of such funds already features high-profile names such as Blackstone Group, Carlyle Group, Fortress Investments, Paulson & Co and Marathon Asset Management....
...It is understood that Deutsche Bank, through its Rreef property fund management arm, has just completed its first close of $800m for a $1.5bn fund with up to $4.5bn spending power....
International Edition