private equity firm

WaMu gets $7 bln infusion, cuts jobs, sees loss

NEW YORK (Reuters) - Washington Mutual Inc (WM.N), battered by mortgage delinquencies and defaults, said Tuesday it obtained a $7 billion capital injection from private equity firm TPG Inc and other investors, but projected a $1.1 billion quarterly loss and set plans to eliminate 3,000 jobs.

Washington Mutual seen near $5 bln TPG deal

NEW YORK (Reuters) - Washington Mutual Inc (WM.N), the largest U.S. savings and loan, is close to obtaining a $5 billion injection from investors led by private equity firm TPG Inc, people familiar with the situation said on Monday.

Carlyle Capital says unable reach deal with lenders

NEW YORK/HONG KONG (Reuters) - Carlyle Capital Corp (CARC.AS), an affiliate of private equity firm Carlyle Group (CYL.UL), said late on Wednesday its lenders are likely to take possession of its remaining assets after it was unable to reach a mutually beneficial agreement to stabilize its financing.

Credit Crisis Pushes Blackstone to Quarterly Loss

NEW YORK, March 10 -- Private-equity firm Blackstone Group said Monday that it swung to a loss during the fourth quarter because of a write-down on its investment in bond insurer Financial Guaranty Insurance Co. and deterioration in the credit markets.

Carlyle unit says new margin calls may hit cashflow

AMSTERDAM (Reuters) - Private equity firm Carlyle Group's Dutch-listed affiliate said on Friday it may face cashflow problems after it received substantial additional margin calls and default notices.

Carlyle unit fails to meet some margin calls

AMSTERDAM/LONDON (Reuters) - A Dutch-listed affiliate of private equity firm Carlyle Group has not been able to meet some margin calls and has received a notice of default, it said on Thursday.

Cerberus' problems deepen amid Chrysler, GMAC woes

NEW YORK (Reuters) - Cerberus Capital Management LP, the brash private equity firm named for a demonic dog, has been humbled in recent weeks by woes at two of its larger investments, automaker Chrysler LLC and auto and mortgage lender GMAC LLC.

Trio to Put Northern Rock Bids on Table

LONDON -- Entrepreneur Richard Branson's Virgin Group, private equity firm Olivant and an in-house team are all expected to lodge rescue bids for stricken mortgage lender Northern Rock PLC on Monday.

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