Limited partners have been slowly opening up to new VC relationships now that the industry has shrunk and top managers are back to courting investors
9 min read · 15 January 2013
The National Audit Office has issued a report calling in strident terms for alternatives to the Private Finance Initiative (PFI) to be considered. PFI, which is the UK’s standard method of procurement for infrastructure projects, has come under increasing fire for allegedly failing to provide value for money.
2 min read · 15 January 2013
After six months of foreclosure proceedings, failed joint venture negotiations and a bankruptcy court hearing, Garrison Investment Group finally wins control of a Virginia office complex. But at what price? PERE magazine, May 2011 issue
4 min read · 15 January 2013
The New Delhi-based private equity real estate firm has raised $79m in a first closing for its Red Fort India Real Estate Fund II, according to filings with the SEC. The firm’s ultimate capital raising target for the vehicle is $500m
2 min read · 15 January 2013
Commercial Intelligence, which focuses on buying distressed debt and then recovering value through litigation, recently held a first close on Global Distressed Alpha Fund III at $18m and will seek opportunities in Asia, Africa, Middle East and Latin America.
2 min read · 15 January 2013
Commercial Intelligence, which focuses on buying distressed debt, recently held a first close on Global Distressed Alpha Fund III at $18m for investments in Asia, Africa, Middle East and Latin America.
2 min read · 15 January 2013
The SEC’s proposed ‘Form PF’, designed to measure private funds’ systemic risk, is a classic example of overregulation, writes Jenna Gottlieb.
2 min read · 15 January 2013
Buyout firm Montagu Private Equity's fundraising team led by Vince O'Brien has put the finishing touches to its latest capital raising effort, closing its fourth fund at its hard-cap of €2.5bn
3 min read · 15 January 2013
In a last ditch attempt to placate creditors, the ailing diagnostics business will reportedly submit a proposal to convert about A$890m of bank debt into equity.
2 min read · 15 January 2013
Some GPs aren’t doing everything in their power to minimise portfolio companies’ tax bills and exposure to tax risk, warns PwC tax partner Barry Murphy.
3 min read · 15 January 2013