Richard Anthony, head of Evercore Partners Private Funds Group, said ‘there will not be enough capital to satisfy all the demand’ and as a result many big-ticket fund managers will have to slash their fundraising targets.
2 min read · 15 January 2013
Richard Anthony, head of Evercore Partners Private Funds Group, said at an event in New York that ‘there will not be enough capital to satisfy all the demand’ and as a result many big-ticket fund managers will have to slash their fundraising targets. The market for infrastructure will likewise not be an easy sell.
3 min read · 15 January 2013
If Congress enacts the president’s budget, $450m will be available for the low-cost infrastructure lending programme next year, nearly four times more than current levels. The TIFIA programme would also be merged into a National Infrastructure Bank capitalised at $30bn over six years.
2 min read · 15 January 2013
Adena Friedman is joining The Carlyle Group, replacing Peter Nachtwey who resigned in December to join Legg Mason.
1 min read · 15 January 2013
Adena Friedman is joining The Carlyle Group, replacing Peter Nachtwey who resigned in December to join Legg Mason.
1 min read · 15 January 2013
Strong rebounds across the Permira portfolio were reported in SVG’s 2010 earnings statement, which also detailed £77.4m in private equity distributions linked to deals including TDC and Cognis.
2 min read · 15 January 2013
The latest study from LBS and HEC academics follows a report they released in June 2010, which found buyout funds to have a unique alpha component.
2 min read · 15 January 2013
The scheme to widen the UK’s M25 motorway has been attacked by a second Parliamentary body. While the National Audit Office said delays resulted in procurement being affected by the credit crunch, the Public Accounts Committee has focused on a ‘technical mistake’ in assessing the costs of different approaches.
2 min read · 15 January 2013
After hitting an all-time low of just $2.7bn of new CMBS issuance in 2009, the securitisation market is expected to originate up to $15bn per quarter in new deals, with large portfolio refinancings pushing the figure up to $65bn.
2 min read · 15 January 2013
The firm has reportedly hired Credit Suisse to advise on the sale of Singapore shipping company Jaya Holdings to a consortium led by the company CEO.
2 min read · 15 January 2013