Peruvian firm Nexus Group has beat its target for its first international institutional fund, showing LP appetite for the region can overcome scepticism of new managers.
2 min read · 15 January 2013
The state’s $40bn permanent fund may also hire new managers on top of its existing manager suite comprised of Citi, GIP and Goldman Sachs.
2 min read · 15 January 2013
The state has set aside new allocations to private equity, debt and infrastructure and for the first time is searching for managers to invest in timber assets.
1 min read · 15 January 2013
London-based Mountgrange has teamed up with partners at residential specialist Pluto Capital for a fund aiming to supply £50m of mezzanine loans to help finance residential developments in London and the South East of England. The firm said that the vehicle was the first of its kind in the residential sector.
3 min read · 15 January 2013
While performance-based carried interest will be paid out to even the worst-performing funds which invested in the run-up to the industry's golden era, those raised during the boom may fail to pay any carry at all, new research shows.
2 min read · 15 January 2013
They have many names: 'Family Enterprises', 'Family-backed Investors', 'Family Offices' and 'Family funds under management'. The credit crunch has resulted in major changes to the way large families who run their own investment vehicles think and how they invest their money, writes Mike Reid, managing partner of Frog Capital.
4 min read · 15 January 2013
Former Towerbrook Capital Partners managing director John Sinik has launched a debt fund management business which is hoping to raise at least €300m for its maiden vehicle.
3 min read · 15 January 2013
Portugal will have to look into its PPP contracts with a view to ‘reduce the government’s financial obligations’ as part of the €78bn EU/IMF bailout provided to the country. The bailout also encourages the government to try and reduce feed-in tariffs for existing renewable contracts.
2 min read · 15 January 2013
A combination of abundant natural resource and government support has made Latin America – and Brazil and Mexico in particular – increasingly attractive to infrastructure funds eyeing renewables. Alexandra Atiya reports
6 min read · 15 January 2013
The firm told LPs at its annual meeting that it will hit the fundraising trail in about 18 months and target $3bn with a hard-cap of $4bn, putting it in line with others managers now raising smaller funds than predecessor vehicles.
3 min read · 15 January 2013
