The Australian investment bank will assist the US territory in formulating guidelines, procedures and methodologies for the programme. The programme was enabled in June by a PPP law that Macquarie managing director DJ Gribbin hailed as ‘one of the best legal structures in the United States’ for PPPs.
3 min read · 08 February 2013
In addition to his private equity duties, Melvin Teo will also succeed Teresa Lin as the Singapore-based bank’s China head.
2 min read · 08 February 2013
Lee Stern will work in KKR’s fledgling mezzanine business, which was formed in 2008.
2 min read · 08 February 2013
Hot on the heels of its $1.1bn fund close, credit-focused manager Oak Hill has added Alexandra Jung to co-head its European operations.
2 min read · 08 February 2013
The US government should introduce a programme to help commercial real estate investors with performing loans refinance debt that is coming due warning the asset class would be the “second shoe to drop”.
1 min read · 08 February 2013
The Colony Capital-backed hotel owner, the largest in Europe, has sold a portfolio of budget hotelF1s in a €272m sale-leaseback deal.
2 min read · 08 February 2013
Private equity infrastructure funds have long used different structures than their traditional private equity peers.The asset class provides some intriguing examples of the benefits and drawbacks of some innovative models, among them the open-end fund structure.
6 min read · 08 February 2013
Leon Black’s firm is close to the halfway mark as it seeks to raise $2 billion to invest in non-performing loans across Europe.
1 min read · 08 February 2013
The founder of Terra Firma predicted more pain for the buyout industry as neither banks nor financial sponsors are willing to ‘come clean about their mistakes’ made during the credit boom era.
2 min read · 08 February 2013
The US firm reveals its first UK dedicated strategy saying it hopes to build a portfolio with ‘low levels of depreciation’ and ‘volatility’.
1 min read · 08 February 2013
