Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 15 January 2013
The private equity giant behind the world's largest buyout has appointed former Goldman Sachs veteran Ralph Rosenberg to lead its real estate investing programme.
3 min read · 15 January 2013
Former Goldman Sachs veteran Ralph Rosenberg is expected to lead a real estate programme that invests alongside and augments KKR's existing fund portfolios.
3 min read · 15 January 2013
The deal means the world’s largest real estate opportunity fund – Blackstone Real Estate Partners VI – is getting closer to being fully committed. BREP closed on $10.9bn in April 2008.
3 min read · 15 January 2013
The portfolio returned 26.7% in 2010, beating every other asset class. La Caisse de Dépôt et Placement du Québec also cut C$6.7bn of debt from infrastructure and private equity in 2010.
2 min read · 15 January 2013
The portfolio returned 25.4% in 2010, beating every other asset class except private equity. The Caisse de Dépôt et Placement du Québec also cut C$6.7bn of debt out of its infrastructure and private equity portfolios in 2010 as part of an effort to boost risk management.
2 min read · 15 January 2013
As limited partners continue to debate the merits of large buyout funds, evidence grows that they may not turn out to be the poor performers some had assumed.
3 min read · 15 January 2013
The performance of mega-funds was a key point at a recent meeting, where a board member said he didn't understand why the pension continued 'to do business with the mega-funds'.
3 min read · 15 January 2013
The $231bn pension also plans to boost its exposure to private debt as well as specialty financing in emerging markets like China and Brazil.
2 min read · 15 January 2013
The $231bn pension also plans to 'bolster' its direct investment capabilities and boost its exposure to private debt as well as specialty financing in emerging markets like China and Brazil.
2 min read · 15 January 2013
