Arden Realty has purchased a $2bn portfolio of assets from The Blackstone group as the office player looks to boost its presence on the west coast.
4 min read · 12 January 2013
Alvarez & Marsal builds China team * Watson Wyatt appoints Sydney specialist * IFC appoints new South Asia head * NEA promotes six * Vestar Japan completes line-up * H&Q Asia Pacific promotes two in Seoul * Deutsche hires former Temasek director * CVC poaches Keeble from UBS
4 min read · 12 January 2013
Vivek Tandon is the founder and a general partner of Aloe Private Equity, an investment firm based in London and Paris. Aloe expects to close Aloe Environment Fund II, its second clean energy and environmental fund dedicated to the clean energy and environment sector, in the third quarter of 2007 with a target of up to $200 million. The fund has attracted the support of the International Finance Corporation and many of the investors in the first fund. Aloe's strategy is to invest in European cleantech companies and help them expand into Asia.
3 min read · 12 January 2013
Japanese LPs are looking to increase their exposure to private equity. But can they be tempted to invest outside their comfort zone, asks Sharon Lim.
7 min read · 12 January 2013
Upon its founding in 2001, Clearwater Capital Partners determined that investing in distressed debt and special situations across Asia would require local talent and precedents in local courts. Managing partner Rob Petty spoke recently with Rob Kotecki about how Clearwater's patient approach is paying off.
6 min read · 12 January 2013
Don't blame private equity firms for the risks now inherent in the global credit markets, says the OECD.
2 min read · 12 January 2013
AXA Private Equity has become the latest buyout firm to invest in electronic payments, through the acquisition of Welcome Real-time.
1 min read · 12 January 2013
A trade union-sponsored study has slammed the evidence cited in support of private equity’s record on job creation, one of the industry’s most commonly-used defences against accusations of asset-stripping. However, the BVCA has hit back at the claims.
2 min read · 12 January 2013
Nick Ferguson, chairman of UK private equity investor SVG Capital, has reportedly hit out at the tax relief on carried interest enjoyed by UK buyout executives, and also criticised banks over the increasing use of ‘covenant-lite’ loans.
2 min read · 12 January 2013
The TPG-led consortium has pulled out of the bidding for a minority stake in Alitalia as sources close to the deal blamed government regulation for making it impossible for the consortium to takeover the company.
2 min read · 12 January 2013