The fundraising market has collapsed since September. Now funds must change strategy to tap the new money emerging from institutional investors. Michael Kapoor reports.
9 min read · 08 February 2013
A summary of infrastructure news from around the world
5 min read · 08 February 2013
Speymill, the AIM-listed real estate fund manager and contractor, has resumed trading on London’s junior stock exchange following a nearly three-month share suspension. Meanwhile rival AIM-listed fund, Macau Property Opportunity Fund, reports a fall in the value of its portfolio and the securing of its first loan.
1 min read · 08 February 2013
No one agrees on the most influential investors in global infrastructure, but there are many strong contenders. Here’s our pick, after asking around the industry.
6 min read · 08 February 2013
London’s Ashmore Investment Management is heading for new shores, downturn or no downturn
2 min read · 08 February 2013
The real estate investment and development firm can appeal a US court ruling that would force it to repay millions of dollars in rent overcharges. The ruling had brought into question the strategy of converting rent stabilised apartments in New York to market rates.
3 min read · 08 February 2013
The European development finance institution has committed to funds from two Central European mezzanine specialists: Mezzanine Management and Syntaxis. It has also approved a €20m commitment to a special situations fund.
2 min read · 08 February 2013
The Finnish private equity firm’s life sciences head, Jan Lundahl, has resigned seven years after he joined the firm.
1 min read · 08 February 2013
Moody's has followed Fitch in slashing its debt rating for Energy Future Holdings as concerns mount over its ability to pay creditors. The company formerly known as TXU was purchased by TPG, KKR and Goldman Sachs in a $45bn transaction, the largest-ever buyout closed to date.
2 min read · 08 February 2013
The mega-buyout firm, which has been struggling with some of its larger portfolio companies in the financial crisis, is offering a 51% premium to Legacy Reserves’ unitholders over the average closing price of the units over the last 30 days.
2 min read · 08 February 2013
