The firm posted its strongest overall year since going public, returning $3.5bn to investors at an average return multiple of 2.1x, but will likely put more capital to work in the US than Europe in 2013.
3 min read · 15 February 2013
Plymouth County Retirement Association is hunting for managers to oversee two debt programmes, focused on emerging markets and domestic high yield bonds.
1 min read · 30 January 2013
Recent examinations of private equity firms are helping regulators understand the complex world of private equity, according to speakers at PEI’s CFOs and COOs Forum 2013 in New York.
4 min read · 15 February 2013
LambdaStar Infrastructure Partners is no longer. The fund company was best-known for its would-be deal to take over public parking in Harrisburg.
2 min read · 15 February 2013
US private equity firm TPG Capital and Ivanhoé Cambridge, one of the 10 largest real estate companies in the world, have taken ownership of Woolgate Exchange, for £265 million. Ivanhoé also revealed it is planning to open a London office of its own.
2 min read · 15 February 2013
The sale marks the third exit in 12 months for the UK firm, which is expected to raise Fund V this year.
2 min read · 15 February 2013
European mezzanine loan issuance increased 30 percent to €1.3 billion in 2012, although senior debt remained the instrument of choice for most types of private equity deals, according to research by investment bank Baird.
2 min read · 28 January 2013
Separation between wholesale and retail price controls will go ahead, but Ofwat’s proposed ability to shift activities accounting for up to 40% of water firms’ total revenues outside of the current price control framework have been nixed.
2 min read · 15 February 2013
Carrying over its 2012 momentum into 2013, private debt fund manager Prefequity will hold a first close for its maiden fund by the end of March.
2 min read · 25 January 2013
Engage regulators now on the emerging issue of ‘decimalization’, urged InterWest Partners chief operating officer Stephen Holmes during his acceptance speech at the PEI CFOs and COOs forum in New York.
4 min read · 15 February 2013