The listed Permira investor has taken a number of measures to boost liquidity, including reducing by £796m its original commitment to Permira’s fourth buyout fund.
2 min read · 12 January 2013
Creditors of bankrupt holding company Washington Mutual Inc., which once owned Washington Mutual Bank, are seeking a court order forcing the company to get written consent from the creditors before funding capital calls.
2 min read · 12 January 2013
The future of big buyout funds may be uncertain – but they haven’t gone the way of the dotcom venture funds yet, writes Philip Borel.
2 min read · 12 January 2013
Former REIT veterans Robert Solmson and Ed Ansbro have teamed up Georgica Advisors founder Richard Reiss to launch private equity real estate firm, Fairwood Capital. The first fund will target hospitality in US metropolitan areas.
1 min read · 12 January 2013
As unfunded commitments are looking harder to meet, the Euronext-listed fund of funds is receiving increased calls from its managers of distressed funds.
2 min read · 12 January 2013
A changing economic landscape means private equity portfolios must be examined through a new lens, writes Steve Moseley.
2 min read · 12 January 2013
While stressing it continues to honour capital calls, CalPERS has said it is not atypical for it to ask GPs to delay requests for funds. The pension has confirmed it sold more than $2bn in private equity holdings on the secondary market last year, including interests in Carlyle and Landmark funds.
2 min read · 12 January 2013
While stressing it continues to honour capital calls, CalPERS has said it is not atypical for it to ask GPs to delay requests for funds. The pension has confirmed it sold more than $2bn in private equity holdings on the secondary market last year, including interests in Carlyle and Landmark funds.
2 min read · 12 January 2013
Citing a ‘challenging economic climate’ and volatile debt markets, the buyout firm’s listed investment fund wrote down $500m of its private equity co-investments in deals including Harrah’s.
2 min read · 12 January 2013
Citing a ‘challenging economic climate’ and volatile debt markets, the buyout firm’s listed investment fund wrote down $500m of its private equity co-investments in deals including Harrah’s.
2 min read · 12 January 2013
