Richard Anthony, head of Evercore Partners Private Funds Group, believes many fund managers will have to slash their fundraising targets.
2 min read · 15 January 2013
The Boston-headquartered private equity veteran is expected to be significantly oversubscribed for its seventh buyout fund, targeting $1.6bn, and its second senior debt fund, targeting $1.3bn.
2 min read · 15 January 2013
Richard Anthony, head of Evercore Partners Private Funds Group, said at an event in New York that ‘there will not be enough capital to satisfy all the demand’ and as a result many big-ticket fund managers will have to slash their fundraising targets. The market for infrastructure will likewise not be an easy sell.
3 min read · 15 January 2013
The Florida firm exceeds its fundraising target for a fund focused on distressed assets in its home state.
2 min read · 15 January 2013
Richard Anthony, head of Evercore Partners Private Funds Group, said at an event in New York that ‘there will not be enough capital to satisfy all the demand’ and as a result many big-ticket fund managers will have to slash their fundraising targets. The market for infrastructure will likewise not be an easy sell.
3 min read · 15 January 2013
Strong rebounds across the Permira portfolio were reported in SVG’s 2010 earnings statement, which also detailed £77.4m in private equity distributions linked to deals including TDC and Cognis.
2 min read · 15 January 2013
The real estate fund management division of French insurer AXA has brought its equity pile for AXA Real Estate Development Venture III to €377.5m after is second closing.
2 min read · 15 January 2013
The 6-year-old distressed debt affiliate — which is also rumoured to be raising a new distressed debt fund — beat its $400m target.
2 min read · 15 January 2013
The Bethesda, Maryland firm, co-founded by Robert Johnson (pic) and Thomas Baltimore, is talking to LPs about consolidating its Urban Lodging Fund II and Fund III for a possible IPO as a public REIT.
2 min read · 15 January 2013
The firm expects to hit the fundraising trail this year targeting a similar amount to its $10.9bn opportunity fund, BREP VI, which is 70% invested. President Tony James said Blackstone invested $5bn of equity in real estate in 2010.
2 min read · 15 January 2013