Recent events in India have put the sector under political scrutiny, with questions being asked about the ethics of profiting from the poor
6 min read · 15 January 2013
The $26bn Commonfund has been serving the investment needs of US endowments since 1971. It is now trying to broaden its horizons
7 min read · 15 January 2013
A recent PEI visit to Milan discovers a market returning to its roots and facing up to some uniquely Italian challenges.
5 min read · 15 January 2013
Monomoy Capital Partners, which recently closed its second fund on more than $400m, has developed a unique system as part of its turnarounds of struggling companies that borrows heavily from Japanese business philosophies. Portfolio company employees trained in the system believe in it with an almost religious fervour.
10 min read · 15 January 2013
On the record with Jonathan Guise, co-founder of London-based debt advisory boutique Marlborough Partners.
3 min read · 15 January 2013
Jack Chandler becomes global CIO, paving the way for Philip Ling to take over as chief executive officer of its Asia business. Chandler’s new brief is more investor-focused but he will retain Asia responsibilities.
2 min read · 15 January 2013
Ballooning funding costs are forcing the Portuguese bank to deleverage, leading it to sell a €2.6bn portfolio comprised mostly of project finance loans. However, sources close to BES say the bank will remain active in project finance.
2 min read · 15 January 2013
The San Ramon, California-based multifamily operating partner has secured an equity investment from 29th Street Capital, a recent platform that invests high-net-worth capital. The firms are targeting a $60m fundraise as they source JV equity for deals in the western US.
2 min read · 15 January 2013
Parliament has approved a law which will retroactively cut tariffs in the Spanish photovoltaic sector by 30%. Local trade bodies have promised to fight the new law all the way to the European Court of Justice.
3 min read · 15 January 2013
The portfolio consists of five natural-gas fired plants in Georgia that together can generate up to 2500 megawatts of power. GE Energy Financial Services acted as the lead lender when ArcLight acquired one of the plants this summer.
2 min read · 15 January 2013
