Morgan Stanley’s $1.15bn lease of Chicago’s on-street parking meters has provoked anger, vandalism and legislation. Cezary Podkul takes a look at what went wrong and what it means for the market.
8 min read · 08 February 2013
The Sydney-based property company has formed a joint venture with Bank of Scotland lasting three years as part of efforts to put its financial future on a more secure footing.
2 min read · 08 February 2013
Instead of an IPO, many GPs this year are facing a restructure. Everton Robertson offers them the advice of an offshore counsel.
4 min read · 08 February 2013
Tom Osborne and Henry Catry review the outlook for infrastructure financing amid the financial crisis.
7 min read · 08 February 2013
The airports operator says a proposed special insolvency regime would be bad news for investors.
2 min read · 08 February 2013
The Singapore-listed leisure investment firm and developer has held a final close on its Banyan Tree Indochina Hospitality Fund, short of its original $300m to $400m target. The vehicle's core asset will be the Laguna Hue resort development.
2 min read · 08 February 2013
Private equity firms would have to comply with tighter standards for capitalisation, hold periods and disclosure requirements if proposed rules from US banking regulator FDIC are approved.
2 min read · 08 February 2013
The listed debt investor has launched a fully underwritten rights issue and has raised €475m for its 2008 Recovery Fund.
2 min read · 08 February 2013
With credit markets still tight, knowing the right bankers can be key to financing your infrastructure deal. It is of course difficult to agree on which lenders are the most influential. But when the Infrastructure Investor team swapped notes, and quizzed practitioners in the marketplace, the names of the ten financiers on this page kept coming up.
5 min read · 08 February 2013
Limited partners should cast aside traditional categorisations of risk and re-think expected returns and fees, according to a white paper published by the placement agent. The paper also identifies 70 funds in the market for $100bn, of which 55 are first-time managers.
5 min read · 08 February 2013