The European LBO pipeline is building up, warn bankers. Although LBOs made up 10 per cent of total deal volume in the first quarter, the reluctance of institutionals to embrace this type of deal is limiting liquidity. Euroweek reports.
6 min read · 11 January 2013
Andrew Matthews joins as a director of the firm’s UK Infrastructure Fund.
1 min read · 11 January 2013
Mezzanine is becoming more and more common in LBO debt structures.
4 min read · 11 January 2013
Goldman Sachs is preparing to launch a $2 billion US and European real estate debt fund this month, providing further evidence of the way managers see an opportunity in credit.
3 min read · 15 February 2013
The Los Angeles- and New York-based firm has raised more than $785m for Fund III, nearly twice the size of its $410m second fund that closed in 2010.
2 min read · 15 February 2013
The Oregon Public Employees Retirement Fund has invested with Stonepeak Infrastructure. The pension plan will put $100m with the North America fund manager, co-founded by Michael Dorrell (pictured).
2 min read · 15 January 2013
Investors in Sterling Group’s $470m second fund, which closed in 2005, have been paid back all called capital, says partner Kevin Garland.
2 min read · 15 January 2013
A Probitas Partners survey has found increasing support for US and European mid-market funds among limited partner respondents.
2 min read · 15 January 2013
Almost 200 private debt funds are chasing combined commitments of $124 billion, according to PEI research, as managers look to exploit credit opportunities created by banks’ partial retreat from the market.
2 min read · 15 January 2013
As the head of a firm that has just raised the largest fund the infrastructure asset class has ever seen, GIP’s Adebayo Ogunlesi has reaped the benefits of delivering on a strategy that countered many prevailing notions when it was first devised. Philip Borel caught up with Ogunlesi to reflect on the firm’s progress to date
10 min read · 15 January 2013
