The US IPO market, analyzed in this month’s edition of Private Equity International, has slowed considerably after coming out of the gate with a bang during the first half of 2011.
2 min read · 15 January 2013
As the infrastructure asset class matures, two quite different types of investment are emerging. Former Allianz Capital Partners chief executive Thomas Putter explains why an understanding of this is so crucial.
7 min read · 15 January 2013
Proposals to reauthorise surface transportation lending have highlighted the TIFIA lending programme as a way to support PPPs. How TIFIA has emerged from the South Bay Expressway bankruptcy is crucial to this.
3 min read · 15 January 2013
The Washington, D.C. behemoth is to join the ranks of KKR, The Blackstone Group and Apollo Global Management via an initial public offering on the New York Stock Exchange.
2 min read · 15 January 2013
Following the closing of the €7.8bn Tours-Bordeaux high-speed rail line, Eiffage and rail agency RFF have secured financing for the €3.3bn Bretagne Pays de la Loire line. But the latter has a fundamentally different risk profile than the former, which is highlighted in the financing.
3 min read · 15 January 2013
Infrastructure debt funds have been a talking point for a while, but with little in the way of tangible achievement on the fundraising trial. And then along came Westbourne Capital.
5 min read · 15 January 2013
A regional planning agency has acquired the remaining lease on California’s South Bay Expressway, which went bankrupt last year. It’s not the agency’s first dealings with the toll road.
3 min read · 15 January 2013
The EIB hopes that its project bond initiative will help it step back from the prominent lending role it has assumed following the global financial crisis. But the new initiative may originate another cycle of EIB-dependence.
3 min read · 15 January 2013
The Washington, DC behemoth is to join the ranks of KKR, The Blackstone Group and Apollo Global Management via an initial public offering.
3 min read · 15 January 2013
The New York private equity firm has set up a five- year fund with Sino-Ocean Land into which both parties are putting $70m.
2 min read · 15 January 2013