Philippe Benaroya, Chris Wrenn and Gilles Lengaigne – who worked together at Blackstone/GSO for over 10 years – are launching BlackRock’s European infrastructure debt Investment unit in London. The team will target investment grade infrastructure debt investments for insurers and other investors.
2 min read · 15 January 2013
Indiana has picked Walsh Investors, VINCI and Bilfinger Berger to handle its side of the Ohio River Bridges Project. The team promised to finish the job for less cost and ahead of schedule.
2 min read · 15 January 2013
London’s High Court told the 22 LPs looking to press charges against the Henderson PFI Secondary Fund II that they will have to forfeit their limited liability status if they wish to proceed with legal action.
3 min read · 15 January 2013
In addition to its $90m in commitments across two distressed funds, the State Treasurer also is considering a $50m commitment to Court Square Capital Partners’ $3bn third vehicle.
2 min read · 14 January 2013
Firms including Bain, Apax and CCMP are pledging significant sums to better align interests with investors, many of whom want to see ‘cash up front’.
3 min read · 14 January 2013
The Hong Kong-based private equity real estate firm has opted to finish capital raising before reaching its original $500 million target in order to focus its efforts on taking advantage of current, attractive market conditions, particularly in China.
2 min read · 15 January 2013
Delegates at the 2012 BVCA Summit in London probably expected an uneventful industry conference. Instead, they got a scathing criticism of GPs from one of the UK’s leading investors
2 min read · 14 January 2013
Longtime Sankaty LP University of Michigan has committed $40m to the Bain credit affiliate’s latest offering, which is targeting $3.5bn.
2 min read · 14 January 2013
Oxford University Endowment Management CIO Sandra Robertson told delegates at the BVCA Summit in London that private equity returns have been 'disappointing'.
2 min read · 14 January 2013
The market share of debt funds compared to all funds launched in terms of equity has risen from 15% in 2011 to 20% in the first three quarters of 2012, according to an independent investment advisory firm.
3 min read · 15 January 2013
