The San Francisco- and Hong Kong-based firm has closed its second fund $100m higher than its initial target, but slightly shy of the $1bn close anticipated. The fund will focus on fund investments in China, Japan, Korea and India.
2 min read · 12 January 2013
NORTH AMERICA NEWS CONTINUED<br/>FUNDS AND BUYSIDE 2008-11-01 Staff Writer Paladin Capital Group has closed its third <bold>homeland-security</bold> fund on $340 million. The Washington DC firm is led by former CIA head James Woolsey, as well as a former director of the US National Security
4 min read · 12 January 2013
The financial storm of the past two months has shaken the global financial system to its core. Matt Levin met three leading private equity financial services investors to ask what it will mean for the industry
10 min read · 12 January 2013
Milan’s Advanced Capital will invest with up to 20 fund managers in the energy sector. CEO Robert Tomei said the investments will be split between the developing and developed worlds, as well as between traditional and alternative energies.
2 min read · 12 January 2013
The director of private equity for London-based fund of funds manager SVG Advisers says new funds are unlikely to go to market until 2010, yet firms now fundraising still have sources of capital. He also thinks the current environment making large deals difficult to execute will change in two to three years.
1 min read · 12 January 2013
Real estate prices are set to decline by up to 25 percent in developed markets, according to Townsend co-founder Kevin Lynch. However he said there were plenty of opportunities amid the distress, telling PERE at the ExpoReal conference in Munich that investors were increasing their allocations to the asset class.
2 min read · 12 January 2013
KKR appoints Japan advisor * Pantheon hires three for Asia * Cinven hires in Hong Kong * Deshpande quits ICICI Venture * Morgan Stanley appoints infrastructure head * AIG hires in Japan and Hong Kong * Babcock & Brown chairman and CEO give in * Battery Ventures expands Israel team, to set shop in India * Olympus Capital sets up Indian team
7 min read · 12 January 2013
The US government agency has made its largest renewable energy investment to date via commitments to to six global private equity funds including Middle East & Asia Capital Partners and US Renewables Group.
2 min read · 12 January 2013
The $80.1bn Washington State Investment Board has approved $1.7bn in commitments, including $900m to two RE funds. The pension also committed $600m to private equity funds and $250m to infrastructure and commodities.
2 min read · 12 January 2013
The publicly listed fund of funds is now trading at almost a 50 percent discount to NAV. In a statement, the fund says it is “hopeful” that a deal for Lehman’s asset management and alternatives units “will be made within a very short period of time”.
2 min read · 12 January 2013
