The president and CEO of the Canadian pension giant argued for the need for long-term thinking when investing in real estate, as well as other alternative assets, in an address to the Canadian Australian Chamber of Commerce.
3 min read · 21 March 2013
M&G Investment has provided project financing to St. Modwen Properties to back a new £450m student accommodation development on behalf of Swansea University.
1 min read · 21 March 2013
Legg Mason’s global fixed income subsidiary Western Asset Management is set to launch a UK-domiciled infrastructure debt fund that will invest in publicly-traded securities worldwide.
2 min read · 19 March 2013
As the second round of funding by the UK government’s Business Finance Partnership approaches, some managers have criticised the decision to fund established, rather than fledgling managers, in the first round.
2 min read · 18 March 2013
The JPMorgan-owned manager doubled the size of its $2.5bn predecessor fund, setting a new benchmark for post-crisis mezzanine fundraising.
2 min read · 18 March 2013
Martin De Ville will join bond broker Cantor Fitzgerald as part of its private debt structuring team to execute leveraged private lending in Europe.
1 min read · 18 March 2013
Alcentra, led by David Forbes-Nixon, is building its presence in the US and the UK with two senior hires: ex-Highland Capital managing partner Jack Yang, and former European head at Cantor Fitzgerald Mike Johnson.
2 min read · 15 March 2013
The Bank of England has warned that over-leveraged companies acquired by private equity during the buyout boom of the early 2000s could spark a new financial crisis in the event of widespread defaults.
3 min read · 14 March 2013
IPF Partners, a fledgling private debt manager, is nearing a first close for its maiden investment vehicle as it looks to raise between €150m and €200m to invest in the debt of European healthcare companies.
2 min read · 13 March 2013
Partners Group predicts the favourable characteristics of European mezzanine investments – high returns and low default rates – over the last 21 years will foster increased interest in the credit instrument.
2 min read · 13 March 2013