New Jersey-headquartered GSC Partners has closed its second European fund in a month, raising €420m of commitments for GSC European CDO Fund III.
1 min read · 12 January 2013
The San Francisco-based real estate secondary firm has acquired a UK portfolio of assets for $775m, believed to be the largest secondary transaction to date in the private equity real estate sector.
2 min read · 12 January 2013
With its high rates of growth and large, increasingly affluent populations, Central and Eastern Europe is becoming an ever-more important element of private equity portfolios. But while there is much cause for optimism, some reservations still remain. Andy Thomson spoke to representatives of three limited partner groups – Leon Hadass, vice president at Pantheon Ventures; Ray Maxwell, managing director in the private equity division at Invesco Asset Management; and Peter Wilson, managing director at HarbourVest Partners – to glean their views on the region's prospects.
6 min read · 12 January 2013
What's an “emerging” market? Be clear that some are definitely more emerged than others, David Rubenstein argued at last month's IFC/EMPEA conference in Washington.
4 min read · 12 January 2013
KKR is about to test the market's appetite for listed LBO funds.
6 min read · 12 January 2013
SVG Capital and its fund management business, SVG Advisers, have committed to invest a combined €3.8bn in the new Permira IV fund, which is targeting €8.5bn in total.
2 min read · 12 January 2013
American Capital may have launched its European affiliate, European Capital, on the back of its one-stop buyout shop approach, but the firm aspires to be more than a one-trick pony. By Robert Venes.
4 min read · 12 January 2013
TowerBrook Capital Partners has held a $1.3 billion final close on its inaugural fund. The TowerBrook team spun out of Soros Asset Management in April of last year.
2 min read · 12 January 2013
As capital continues to flow into private equity real estate, GPs are gaining the upper hand in negotiating the terms of their fund documents—but that doesn't mean LPs are staying quiet. By Paul Fruchbom
10 min read · 12 January 2013
How long is long-term? As general partners raise, deploy and return capital faster than ever before, their investors may be in danger of getting used to private equity's new short-termism. Ken MacFadyen reports.
8 min read · 12 January 2013
