Debt Management News Archive

15-Dec-2008

 

  • Investcorp Technology Partners acquires stake in UK debt management firm TDX Group (AME Info)
    Investcorp Technology Partners, the technology private equity arm of alternative investment manager Investcorp, has agreed to purchase a 40% equity stake in TDX Group, the UK's leading provider of analytics-based consumer debt management services, for approximately £28m.


  • UK: Premier in talks with investors to cut debt (Just Food)
    UK food group Premier Foods has moved to reassure investors over the company's high level of debt by confirming that it is reviewing a "range of options" to raise capital.


  • AIMCO selling properties to repay debt due next year (BizJournals)
    Apartment Investment & Management Co., a Denver-based apartment REIT, is working to repay nearly $500 million in corporate debt due in 2009 largely by selling some of its apartment properties. (AIV) (EQR)


  • Imagine Software reports Marathon Asset Management deal (Finextra)
    Imagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, today announced New York-based Marathon Asset ...


  • Gartmore Investment Management, the UK fund manager owned by a private equity firm, is under pressure over its debt ... (eFinancial News)
    Gartmore Investment Management, the UK fund manager owned by a private equity firm, is under pressure over its debt pile, poor performance, redemptions and staff departures.


  • Gulf Stream Asset Management expands operations in US (Banking Business Review)
    Gulf Stream Asset Management, a US-based institutional asset manager, has established a credit dislocation fund and a multi-strategy credit hedge fund. The company has also opened a new office in the New York City, as part of its expansion strategy.


  • Nigeria: Lagos CIPM Considers Debt Forgiveness for Members (AllAfrica.com)
    In a move to increase membership, the Lagos branch of the Chartered Institute of Personnel Management (CIPM), may be considering debt forgiveness as panacea for reconciliation and way forward for the chapter.


  • Debt Consolidation (PIZZAHEROS)
    Is debt Consolidation The Magic Bullet? The picture is quite sad and is a reflection of a country with bad money-management skills with a penchant for spending money that isn't there. A check with the US Census Bureau tells us that over 35 million people are living below the poverty line.



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