Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
2 min read · 15 January 2013
Wesley Edens, Robert Kauffman, Peter Briger, Randal Nardone and Michael Novogratzhave have entered into new five-year contracts as Fortress reported ‘off expectations’ second quarter results.
2 min read · 15 January 2013
Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
2 min read · 15 January 2013
A subsidiary of the private equity group has secured the backing of nine banks to help fund the €1.2bn project – ‘the first German wind farm to be fully financed by private investors’. Blackstone has also acquired a licence to build another offshore wind farm worth €1.3bn.
2 min read · 15 January 2013
Pacific Equity Partners-backed Collins Foods is the latest private equity-backed company to list in Australia and have its share price fall.
3 min read · 15 January 2013
The sharp downturn in stock markets worldwide last week bodes ill for more than one type of portfolio, writes Oliver Smiddy.
3 min read · 15 January 2013
The firm has secured the backing of nine banks to help fund the €1.2bn project – ‘the first German wind farm to be fully financed by private investors’.
2 min read · 15 January 2013
Wesley Edens, Robert Kauffman, Peter Briger, Randal Nardone and Michael Novogratzhave have entered into new five-year contracts as Fortress reported ‘off expectations’ second quarter results.
2 min read · 15 January 2013
Fortress principals Wesley Edens, Peter Briger, Robert Kauffman, Randal Nardone and Michael Novogratz have entered into new five-year contracts with the New York alternative investment house, effective January 1, 2012. Their extended employments were announced as Fortress reported ‘off expectations’ second quarter results.
2 min read · 15 January 2013
KKR posted a surprise decline in earnings during Q2, with economic net income falling by 27% despite the group growing assets under management to $61.9bn as of 30 June, up from $54.4bn at the same point last year.
2 min read · 15 January 2013