Topic: Istithmar Pjsc
Dubai World retailer Loehmann's files for bankruptcy in US; Chapter 11 filing is prepackagedU.S. discount retailer Loehmann's is filing for bankruptcy after its Dubai government-linked owner failed to reach a debt-extension deal with creditors.Loehmann's says the Chapter ...
Barneys New York has a keen eye for fashion - and perhaps for CEOs.. . The luxury-goods retailer said Monday it hired former Gucci boss Mark Lee to...
NEW YORK (Reuters) - A foreclosure auction for the 270-room W New York-Union Square was canceled on Tuesday after the owner of the luxury hotel filed for Chapter 11 bankruptcy protection.DekaBank Deutsche Girozentrale , a senior lender holding a $60 million loan on ...
A number of private equity firms are preparing bids for a port and shipping agent being put up for sale by Dubai World's private equity division, according to reports. Advent International, Cinven, Charterhouse, Montagu, TPG and KKR are among the firms ...
The CEO of Istithmar world, the private investment arm of state developer Dubai World, has resigned. "Today, Istithmar World is focused on the steady-state management of existing assets to maximise value rather than on private equity investment," said Birkett.. Istithmar World Capital ...
Dubai World loses control of W Union Square in New York in foreclosure auctionDubai World's investment arm, Istithmar, lost ownership of the W Union Square New York hotel in a foreclosure auction Tuesday.One of the hotel's interim lenders, a ...
The parent company of Middle Eastern state private equity firm Istithmar has asked creditors for an extension on its debt obligations, raising questions about the future implications of the firm and its portfolio companies. Istithmar World Capital is the private equity and ...
Dubai World which says it wants to freeze debt repayments for at least six months announced in a statement overnight on Monday that it will restructure part of the group, including property arm Nakheel. "Following a detailed review of the Group's ...
India's Spicejet said on Friday it was not aware of any change in investment strategy by Dubai World's Istithmar, which owns 13 percent of the low-cost carrier. Istithmar is an alternative investment house that is fully owned by Dubai World ...
BoomBustBloggers have been on a wild CRE (commercial real estate) and residential rollercoaster ride over the last couple of years.. The hotel, which was acquired by Dubai's troubled sovereign wealth fund, Istithmar, for $285 million in 2006 (one of the few ...
