Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
2 min read · 15 January 2013
Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
2 min read · 15 January 2013
A subsidiary of the private equity group has secured the backing of nine banks to help fund the €1.2bn project – ‘the first German wind farm to be fully financed by private investors’. Blackstone has also acquired a licence to build another offshore wind farm worth €1.3bn.
2 min read · 15 January 2013
Pacific Equity Partners-backed Collins Foods is the latest private equity-backed company to list in Australia and have its share price fall.
3 min read · 15 January 2013
The sharp downturn in stock markets worldwide last week bodes ill for more than one type of portfolio, writes Oliver Smiddy.
3 min read · 15 January 2013
The firm has secured the backing of nine banks to help fund the €1.2bn project – ‘the first German wind farm to be fully financed by private investors’.
2 min read · 15 January 2013
KKR posted a surprise decline in earnings during Q2, with economic net income falling by 27% despite the group growing assets under management to $61.9bn as of 30 June, up from $54.4bn at the same point last year.
2 min read · 15 January 2013
The Virginia Department of Transportation has issued a request for detailed proposals for the Route 460 highway extension, which has attracted interest from Cintra, Kiewit, Skanska and other groups. Virginia hopes to sign a contract for the project by next May.
2 min read · 15 January 2013
The US private equity giant has appointed Dhiren Mehta from Nomura to grow its business in India.
1 min read · 15 January 2013
A law passed in June would allow the $65bn pension system to raise its allocation to private equity, to the chagrin of some lawmakers who don’t like the asset class.
2 min read · 15 January 2013