Capstone will pay off debt using cash generated from its sale of 20% of Bristol Water. The UK water utility marked the first-ever non-energy Capstone investment.
1 min read · 15 January 2013
The Blackstone Group’s ‘tactical opportunities’ business is targeting $3bn to $5bn, which will be raised through the formation of separate, customised accounts with limited partners.
3 min read · 14 January 2013
The firm has formed a $600m customised account with a large pension system, and could launch its next flagship buyout fund later this year, according to firm president Marc Spilker.
2 min read · 14 January 2013
The $24.7bn pension system will issue separate requests-for-proposals for an alternatives consultant and a real estate consultant, with plans to award new contracts by the end of the year.
2 min read · 14 January 2013
John Fenton, who took over Metrolink after a deadly 2008 collision, has been appointed boss of SteelRiver-owned Patriot Rail. Fenton has private sector experience. SteelRiver bought 100% of Patriot Tuesday.
2 min read · 15 January 2013
This year’s ranking of the largest private equity firms in Asia-Pacific reveals two newcomers in the top five, underscoring the region’s changing dynamics and growth. PE Asia takes a closer look at the top five GPs on the fundraising charts
5 min read · 14 January 2013
As China and India absorb large capital flows, investors are willing to explore new opportunities in Southeast Asia, with Indonesia and Vietnam at the top of the list
2 min read · 14 January 2013
Scott Hahn spent his entire working life at Morgan Stanley, where he built an impressive investment track record. Since leading a 2010 spin-out, he’s been bringing that prior experience to bear in Korea, which many investors consider more tricky than attractive. The co-founder of Hahn & Co talks to Drew Wilson about his firm’s edge in this misunderstood market
9 min read · 14 January 2013
Tracking this month's trends in private equity
2 min read · 14 January 2013
A mandate to operate Luis Munoz International Airport is now a race between Highstar Capital and Macquarie Group. Meanwhile, the PPPA has extended its deadline to bid on its maiden social infrastructure project.
2 min read · 15 January 2013