Market conditions worldwide are darkening, but the infrastructure asset class will likely be among the first to see the sun, writes Cezary Podkul.
2 min read · 12 January 2013
The financial services-focused firm has hired Mitchell Caplan, former chief executive of the online stock trading giant. Founded in 2005 as a joint venture between Venturion Capital and Jeffrey Greenberg, Aquiline is currently investing its debut $1.1bn fund.
1 min read · 12 January 2013
Amid turmoil in Iceland’s financial system, the Kaupthing-backed fund was unable to repay a credit facility. The fund’s investment manager, Kaupthing Singer & Friedlander, has been replaced.
2 min read · 12 January 2013
The UK finance provider’s fund close was reportedly $500m short of its $1.5bn target.
1 min read · 12 January 2013
The study dovetails with broad changes already affecting the private equity industry as GPs hire more operating partners and raise families of funds.
2 min read · 12 January 2013
A report from Moody's Corporate Finance reveals an increase in private equity-backed companies that are electing to use their payment-in-kind option to make interest payments.
2 min read · 12 January 2013
Milan’s Advanced Capital will invest with up to 20 fund managers in the energy sector. CEO Robert Tomei said the investments will be split between the developing and developed worlds, as well as between traditional and alternative energies.
2 min read · 12 January 2013
Department store Mervyns, bought in 2004 by Cerberus Capital Management and Sun Capital Partners for $1.2bn, will liquidate after filing for bankruptcy protection in July.
2 min read · 12 January 2013
The private equity real estate arm of Jones Lang LaSalle is reportedly eyeing property bargains in Japan, China and Australia, after raising $3bn for its latest fund. People familiar with the matter told PERE, the fund has 80% capital left to invest.
2 min read · 12 January 2013
The private equity real estate arm of Jones Lang LaSalle is reportedly eyeing property bargains in Japan, China and Australia, after raising $3bn for its latest fund. People familiar with the matter told PERE, the fund has 80% capital left to invest.
2 min read · 12 January 2013
