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KW/DB and Cerberus on Pivot final and Project Kildare shortlists revealed

Cerberus Capital Management and a joint bid by Kennedy Wilson and Deutsche Bank are the first two to emerge on a four-strong shortlist for Allied Irish Bank’s £383m Project Pivot sub-performing loan portfolio.
By James Wallace
July 31, 2012 | 6:20 P.M.

Several big name private equity bidders failed to make the second round including: Lone Star, Apollo, Forum Partners, Blackstone, Goldman Sachs Whitehall Funds, Fortress Investment Group, Starwood Capital, PIMCO as well as Chenavari, the London hedge fund. 

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