Fred Eckert is chairman and CEO of GSC Partners, an investment group that already is active in CDOs, distressed investing and European mezzanine finance. He spoke to Private Equity International about the products, the people and the plans shaping this business.
10 min read · 08 February 2013
More than half of all delegates at the PREA spring conference in Washington DC believe LPs will call for more separate accounts and fewer commingled funds. However, opportunistic strategies make the most sense in 2009.
1 min read · 08 February 2013
The CEO of Allianz Real Estate Olivier Piani said lending in Europe won’t improve significantly until banks deal with their real estate assets. However, the PREA spring conference heard there’s more upside than downside to the current crisis.
2 min read · 08 February 2013
The New York-based private equity firm has taken the unusual step of suing two of its smaller LPs – Chalice Fund and WK CG Investments – for allegedly defaulting on capital contributions to three funds.
2 min read · 08 February 2013
Vivek Paul, a former TPG Ventures partner and CEO of Wipro Technologies, has set up his own private equity firm and has reportedly started raising capital for a $400m fund.
2 min read · 08 February 2013
Private investors are abandoning road and rail building partnerships in Russia after the Duma slashed its transport infrastructure budget by 90%
1 min read · 08 February 2013
Euronext-listed fund of funds Lehman Brothers Private Equity Partners is changing its name to NB Private Equity Partners and will help its bankrupt parent company unload 14.5 million shares in secondary transactions beginning in mid-2010.
2 min read · 08 February 2013
Natixis Capital Partners has closed its third fund on €420m for investment into corporate real estate in Benelux, France, Germany, Italy and Spain.
1 min read · 08 February 2013
Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 08 February 2013
The Bridgeport, Connecticut-based People's United Bank has agreed a $35 million, three-year refinancing with opportunistic investor Talcott Realty. The loan is backed by the office property One Financial Plaza in Hartford.
1 min read · 08 February 2013
