Industry heavyweight Henry Kravis’s message to delegates at the World Economic Forum in Davos today was that the private equity model is far from broken. He also said he anticipates financial services regulation 'coming in a major way'.
2 min read · 08 February 2013
Fund placement agents active in the asset class say LPs are likely to stick with infrastructure despite the economic downturn and may even up their commitments as a result of it.
3 min read · 08 February 2013
Cezary Podkul looks at how the US stimulus bill will impact the upcoming debate on infrastructure spending.
2 min read · 08 February 2013
Naohiko Kitsuta has left the firm after less than two years.
1 min read · 08 February 2013
Private equity firms have quite literally been on a shopping spree. Buyouts in the retail/consumer sectors in the past five years attracted the largest amount of capital from the world’s largest private equity firms.
1 min read · 08 February 2013
The American Society of Civil Engineers also assigned a cumulative grade of D to the nation’s infrastructure. It is the fourth time the US earned that grade in the study, while the estimated spending needed to improve the state of the infrastructure continued to climb from $1.6tn in 2005.
3 min read · 08 February 2013
Michael Queen will steer the private equity firm following Philip Yea's resignation from the top spot. Last year, 3i invested a total of £841m, down dramatically from the £1.8bn the prior year. 3i's share price has plummeted in recent months, this morning losing nearly 4%, giving it a £941m market capitalisation.
2 min read · 08 February 2013
Liquidations are more common in the bankruptcy world as financing for reorganisations has dried up, writes Christopher Witkowsky.
2 min read · 08 February 2013
3i veteran Michael Queen will now steer the firm, whose top 50 investments lost £682m in the past nine months. Last year, 3i invested a total of £841m, down dramatically from the £1.8bn the prior year. 3i's share price has plummeted in recent months, this morning losing nearly 4%, giving it a £941m market capitalisation.
2 min read · 08 February 2013
Private equity and foreign investors will gain ‘traction’ in 2009 as the real estate markets deleverage. The US market will be a particular target, according to a Jones Lang LaSalle study. Borrowers could struggle to refinance loans in 2009 and 2010, even if the 'underlying property is performing'.
2 min read · 08 February 2013
