The firm’s first energy mezzanine fund collected nearly double its $750m target and has already made six investments in both power generation and oil and gas assets.
2 min read · 14 January 2013
The firm has sealed its third and largest investment of 2012 by investing $700m in insurance broker USI.
2 min read · 14 January 2013
A majority of water firms are unwilling to accept Ofwat's demand for unprecedented flexibility over the sector, opening the door for a lengthy referral to the Competition Commission.
2 min read · 15 January 2013
The former Wall Street banking giant has agreed to sell its single largest asset to two REITs in lieu of an IPO.
2 min read · 15 January 2013
Australia’s busiest airport, which is run by former Macquarie executives, has raised more than A$1bn in senior debt facilities, addressing all of its debt that was scheduled to mature next year. The refinancing confirmed the airport’s BBB credit rating.
2 min read · 15 January 2013
Philippe Benaroya, Chris Wrenn and Gilles Lengaigne – who worked together at Blackstone/GSO for over 10 years – are launching BlackRock’s European infrastructure debt Investment unit in London. The team will target investment grade infrastructure debt investments for insurers and other investors.
2 min read · 15 January 2013
Gen2 Partners expects to form a partnership with London-listed China Private Equity Investments to address growing European investor interest in China.
1 min read · 14 January 2013
Indiana has picked Walsh Investors, VINCI and Bilfinger Berger to handle its side of the Ohio River Bridges Project. The team promised to finish the job for less cost and ahead of schedule.
2 min read · 15 January 2013
The London-based law firm has restructured its private equity team following the departure of two senior executives. James Grimwood has been appointed as head of the PE sector team.
2 min read · 14 January 2013
Lloyds Banking Group has sold a portfolio of distressed property loans for £149m as interest in Ireland’s real estate increases.
3 min read · 15 January 2013