NPS expects opportunity funds to play their part as it seeks to grow its property portfolio by $1.5 billion to $2 billion each year. PERE Magazine March 2012 issue.
2 min read · 14 January 2013
The most powerful argument against sustaining the status quo on taxing carried interest is the political one.
4 min read · 14 January 2013
The most powerful argument against sustaining the status quo on taxing carried interest is the political one.
4 min read · 14 January 2013
The most powerful argument against sustaining the status quo on taxing carried interest is the political one.
4 min read · 14 January 2013
The Australian group, together with France’s Eiffage, has obtained a €2.8bn, five-year loan in addition to a €720m revolving credit facility. Moody’s deemed the refinancing ‘moderately credit positive’, but warned the toll road network’s Baa3 rating might be revised in the future.
2 min read · 15 January 2013
The Australian Infrastructure Fund has divested its 35% stake in Victoria’s largest regional port for A$25m. The buyers were RREEF Infrastructure – which picked up 15%, increasing its ownership of the port to 50% – and Asciano, the port’s operator, which purchased the remaining 20%.
2 min read · 15 January 2013
The Australian Infrastructure Fund has divested its 35% stake in Victoria’s largest regional port for A$25m. The buyers were RREEF Infrastructure – which picked up 15%, increasing its ownership of the port to 50% – and Asciano, the port’s operator, which purchased the remaining 20%.
2 min read · 15 January 2013
The Australian Infrastructure Fund has divested its 35% stake in Victoria’s largest regional port for A$25m. The buyers were RREEF Infrastructure – which picked up 15%, increasing its ownership of the port to 50% – and Asciano, the port’s operator, which purchased the remaining 20%.
2 min read · 15 January 2013
The bank’s Strategic Partners team sweetened terms on its fifth secondaries fund, including not only committed capital, but fees and expenses that must be paid back to LPs, plus an 8% return, before the GP collects carried interest.
4 min read · 14 January 2013
The $288 billion National Pension Service of Korea is poised to commit $300m to Blackstone’s latest opportunity fund as part of a strategy to increase its exposure to higher return investments. A beauty parade to select two more opportunity funds is expected to follow.
2 min read · 14 January 2013