Drago Capital and an affiliate of Cerberus Capital Management have acquired a real estate portfolio consisting of 97 bank branches from Caja Madrid in a sale and 25-year lease back transaction.  Caja Madrid is the fourth largest Spanish financial group.   The financing for the transaction is being provided by

Centerview Partners, through its private equity business, together with members of Richelieu management, have acquired Richelieu Foods, a producer of private label pizza, salad dressing and other pourable products.  Financial terms of the transaction were not disclosed. Richelieu Foods is a USD250m food manufacturer that supplies private label frozen pizza

The latest Preqin private equity compensation study reveals that changes in bonus payouts to employees at private equity firms have been mixed. While base salaries have remained relatively stable, with three-quarters of firms reporting no change or relatively small increases, bonus payouts are where the real divergence has occurred. The

Merchant House Group, the AIM-listed merchant banking and financial services group, has launched an expanded corporate finance business under the brand Merchant Pensum. The business will trade as a division of Merchant Capital, a wholly-owned, FSA-authorised subsidiary of Merchant House Group. Merchant Pensum acted as introducer for Craig Whyte on

A disconnect between private equity houses and private equity-backed corporates has emerged and is hampering both exit rates and corporate growth ambitions which in turn could have serious consequences for private equity managers’ ability to raise new funds, according to corporate finance advisers at BDO. BDO data suggests that private

A report by GF Data indicates completed deal volume in the middle market continued to accelerate in quarter three 2010, reflecting steady improvement in the M&A environment. The data, supplied by 151 private equity firms on transactions valued between USD10m and USD250m, includes 33 transactions completed in the third quarter

NB Private Equity Partners’ unaudited net asset value per share increased to USD9.79 at 30 September 2010. This represents an increase of 3.5 per cent compared to the audited NAV per share of USD9.46 at 31 December 2009.   For the nine month period ended 30 September 2010, NBPE’s investment

Advantage Capital Partners, a venture capital and small business finance firm, has provided USD3.3m in financing to Hospice Partners of Texas. The funding, raised in connection with the Texas Certified Capital Company programme, will allow the company to expand through the acquisition of Alamo Hospice, maintaining 70 full-time staff and