Five banks are backing the Italian developer to help finance a satellite-based tolling system for heavy vehicles across France. Atlantia suffered a convoluted procurement process for the contract, at one point seeing the tender annulled by a French court.
1 min read · 15 January 2013
Blackstone CEO Stephen Schwarzman said the firm’s LPs reaffirmed their confidence in Blackstone by increasing their commitments in Q3. The firm has a record $33.4bn of dry powder.
2 min read · 15 January 2013
What a recent hire by TPG tells us about the way the big guns of private equity are approaching this market. By Robin Marriott.
2 min read · 15 January 2013
Warren Allderige, CEO and Managing Director of Pacific Harbor Group, a Hong Kong-based fund manager that looks at special situations funds, stressed and distressed debts, recently spoke to PE Asia about market turmoil and the opportunities that presents some investors.
2 min read · 15 January 2013
The European Commission is proposing to use €230m to fund a test phase for its Europe 2020 Project Bond initiative, to be implemented in 2012-2013. The pilot programme, part of a wider €50bn infrastructure facility, will target up to 10 projects and ‘is expected to mobilise investments of up to €4.6bn’.
2 min read · 15 January 2013
Blackstone CEO Stephen Schwarzman said the firm’s LPs reaffirmed their confidence in Blackstone by increasing their commitments in Q3. The firm has a record $33.4bn of dry powder.
2 min read · 15 January 2013
The London-listed property services firm’s is now at the centre of a competitive bidding process after a deal with France’s BNP Paribas fell apart this week.
2 min read · 15 January 2013
If adopted, the $235bn pension system would place most of its alternative investments in buyout funds, with an additional 30% in credit related investments and growth/expansion funds.
2 min read · 15 January 2013
The global firm will buy Burger King’s New Zealand operator from Anchorage Capital Partners.
1 min read · 15 January 2013
David ibnAle has experience working with the firm’s co-founder, former Blackstone Group managing director Chip Schorr, who launched Augusta Columbia in a spin-out from Blackstone earlier this year.
2 min read · 15 January 2013
