Investors new to the infrastructure asset class need to understand the risks as well as the return potential. Some lessons from the financial crisis are worth studying, writes Duncan Hale.
7 min read · 08 February 2013
The private equity real estate firm, together with Fortress, DE Shaw and Five Mile, has offered $3.5bn for the hotel group’s $4.1bn first mortgage, according to the WSJ. The plan would rival a bankruptcy court reorganisation plan.
2 min read · 08 February 2013
A bubbly stock market has generated a clutch of potential IPOs, but the window will not be open forever.
3 min read · 08 February 2013
Around 116 opportunistic funds were seeking to raise $109bn in capital as of August, according to Clerestory Capital Partners. By Q2, 47 funds targeting $35.5bn failed to come to market or were put on hold, particularly emerging market strategies.
2 min read · 08 February 2013
Oaktree has been collecting millions from a number of public pensions in the US for two investment vehicles.
2 min read · 08 February 2013
The $5.64bn infrastructure fund has made another investment in the natural gas sector, this time taking a 50% stake in Chesapeake Midstream Partners, a new gas gathering joint venture in the US.
2 min read · 08 February 2013
Sandwiched between China and India, Southeast Asia is fragmented, risky and often bypassed in favour of the more developed private equity markets of its enormous neighbours. But for investors with the right appetite, and managers with the right skill-set, the region presents a uniquely compelling investment case.
10 min read · 08 February 2013
The pension will not look for new commitments for a while as it takes time to monitor the state of the private equity industry.
2 min read · 08 February 2013
A group of shareholders in Builders FirstSource allege JLL Partners and Warburg Pincus want to enrich themselves at the expense of other shareholders.
4 min read · 08 February 2013
The founder of Terra Firma predicted more pain for the buyout industry as neither banks nor financial sponsors are willing to ‘come clean about their mistakes’ made during the credit boom era.
2 min read · 08 February 2013
