Björk has lent her name to a fund which will try to stimulate her nation’s stricken economy by investing in local businesses. The fund will be managed by female-centric financial services firm Audur.
1 min read · 08 February 2013
Research suggests 2001 was the optimum year for opportunity real estate funds to succeed. GPs expect 2009 and 2010 could become the next golden era. PERE Magazine December 2008/January 2009
4 min read · 08 February 2013
The talk of the town has been the potential for LPs to default on capital calls. It may be just noise at the moment but it is raising questions about counterparty risk. For their part, LPs want greater transparency for their cash. PERE Magazine December 2008/January 2009
4 min read · 08 February 2013
From one to 100 LPs in five years * GBS holds second close on fourth fund * Accel India venture fund closes on $60m * Birla makes PE entry * UBS sees growth in the Middle East * Asia Alternatives: no need to change strategy * Starfish Ventures falls short * Softbank China sets up RMB fund * Endeavour seeks $300m for venture fund * Chinese bank to launch healthcare fund * Macquarie to launch A$1bn infrastructure FoF * Darby's India retail fund raises $147m
10 min read · 08 February 2013
Permira has offered its LPs a way out of their commitments – but at a steep price
3 min read · 08 February 2013
The head of Castle Harlan is adding to the criticism that fair-value accounting is contributing to the economic crisis
4 min read · 08 February 2013
AFRICA IN BRIEF 2009-01-01 Staff Writer Tunga Management Company, a newly launched infrastructure, mining and private equity fund formed by Namibian affiliates of South African asset manager OldMutual Group, will sell a 26 percent stake in itself to a <bold>black empowerment enterprise</bold> (BE
3 min read · 08 February 2013
ASIA IN BRIEF 2009-01-01 Staff Writer Global private equity firm <bold>The Blackstone Group</bold> has signed a memorandum of understanding with the W229 trillion ($183 billion) National Pension Service, to invest up to $2 billion alongside it in undervalued stocks, bonds and real estate in the K
3 min read · 08 February 2013
The firm will also cut management fees across the board and has promised not to call more than 30% of LPs’ total commitment next year.
2 min read · 12 January 2013
The package reportedly includes subsidies of up to CNY 5m for private equity firms and will be launched before the end of the year.
2 min read · 12 January 2013