Managers

In the wake of Yucaipa-owned Aloha Airlines’ bankruptcy, yet another private equity-owned commercial airline has crashed.

The private equity arm of Credit Suisse calls the move a natural step as it targets the US Midwest’s industrial services sector.

The private real estate investor has acquired five resort properties in the US to become part of its TerraMesa Resorts brand, which manages luxury resort and second-home properties on lakes, ocean-front and mountains in the US.

The global alternatives manager joins a number of other firms looking to expand their presence in Asia, as it seeks to establish a local presence in the Australian market.

The San Francisco-based Kimpton Group has closed its latest real estate fund saying its luxury brand will help secure its expansion over the next three years.

The Palo Alto venture firm has made a second hire for its India operations, and is opening an office in the southern city of Bangalore.

The European private equity firm has stormed into Sweden’s renewable energy sector with a deal to finance and take an equity stake in the country's largest onshore wind farm development Havsnas.

The China Securities Regulatory Commission has taken steps to give the country’s securities firms access to the private equity market, as China continues to formalise its regulation of domestic private equity.

The private equity firm said it had closed its ninth real estate fund and the largest fund ever raised as it promises to take advantage of the current market dislocation.

The Swiss bank, which today wrote down $19 billion of assets, saw its chairman Marcel Ospel resign and reported a first quarter loss of $12.1bn, is to create a separate vehicle to own ‘problem assets.’