In his scant spare time, John Grayken, the founder of distressed asset 'monster' Lone Star, enjoys reading about the great men of history. With billions of dollars in distressed property and debt coming out of today's financial crisis, PERE takes a look at a highly private man perfectly positioned to benefit from the mess … and to perhaps achieve enduring greatness himself. PERE June 2009
7 min read · 08 February 2013
San Francisco-based Liquid Realty is targeting $800 million for its fifth vehicle. If successful the fund would be the largest-ever private equity real estate secondaries fund. PERE June 2009
3 min read · 08 February 2013
How to arrive at a list of the 20 best-positioned firms in global private equity? Below, you will find some of the reasoning that informed our decisions. You will see that we also consider potential weaknesses – making the point that even the Power Managers cannot afford to rest on their laurels
10 min read · 08 February 2013
HgCapital, the London-based European mid-market specialist, sees having a strong portfolio management resource as a way of freeing up its deal professionals to do what they do best. Andy Thomson met with four of the firm's senior professionals to find out more about its formula
10 min read · 08 February 2013
Having bolstered its team in Nairobi, sociallyminded private equity firm InReturn is finding a significant need for investment in East Africa
2 min read · 08 February 2013
Business development company American Capital has defaulted on its debt, but Christopher Witkowsky finds it is battling hard to stave off bankruptcy
6 min read · 08 February 2013
Pine Brook Road Partners, along with Goldman Sachs, JPMorgan, PartnerRe and Renaissance Re, has pumped $500m into Essent – a new private mortgage insurance company targeting US residential loans.
1 min read · 08 February 2013
Is this week’s wrap-up of the £6.2bn PFI for London’s M25 motorway a sign that the project finance market is finally getting going again, asks Chris Josselyn.
3 min read · 08 February 2013
With LPs increasingly seeking safety amid quality, core real estate assets, Falcon Real Estate president Jack Miller said it’s essential for all sides to have an honest debate about the type of returns they can realistically expect from real estate in the coming years.
2 min read · 08 February 2013
Chicago has been forced to shelve plans to lease Midway Airport, but this reflects problems in the financial markets rather than with public private partnerships
3 min read · 08 February 2013