There are considerable opportunities in the Chinese non-performing loan (NPL) market, but foreign involvement has so far been scant. Albert McLelland and Sunny Lin cast an eye over recent developments.
8 min read · 12 January 2013
Buyouts increase their stranglehold as investment in Europe reaches a new high.
5 min read · 12 January 2013
After more than a decade in the market, Deutsche Bank knows how and where to identify undervalued assets. By John Elledge
6 min read · 12 January 2013
David Stockman's deal legacy at Blackstone is stellar. But his own private equity fund has hit the skids.
5 min read · 12 January 2013
Although some will argue that the fund of fund phenomenon has yet to pass through an inevitable period of contraction, the impact they have already had in bringing private equity into the portfolios of previously untapped institutional investors has been huge. So how are they coping in today's tougher climate?
10 min read · 12 January 2013
The Philadelphia private equity firm and the merchant banking arm of the investment bank Greenhill & Co. team up for another investment in the financial services industry, investing $40m for a minority stake in the specialty finance company.
2 min read · 12 January 2013
There's no denying that the mid-market remains the major talking point in a French private equity market wrestling with competition and overly aggressive leverage. But, just over the horizon, lies a vision of a mature industry populated by well-differentiated managers. Andy Thomson reports.
9 min read · 12 January 2013
The current increase in fundraising activity is good news for placement agents. But intense competition for mandates and a sharpened focus on professional standards means a shakeout in the industry is likely to occur, writes Philip Borel.
10 min read · 12 January 2013
Governor Schwarzenegger wants CalPERS to become a ‘defined-contribution’ plan. Is this a harbinger of the end of days for traditional public pensions in private equity?
4 min read · 12 January 2013
Texas Pacific's quest to buy an Oregon electric utility has been hampered by politics, scandal and regulatory strife
3 min read · 12 January 2013