Part of the US-based venture firm’s three-member India investment team, they will remain with Battery until Fund VIII is invested.
1 min read · 08 February 2013
A group of LPs has asked Sun Capital for the ability to shrink commitments to its $6bn fifth fund because of ‘liquidity issues’ and asset allocation imbalances.
2 min read · 08 February 2013
The GP who led Battery's push into India will quit after 10 years with the firm. Guatam Patel will also resign, leaving Battery with just one India-focused executive.
1 min read · 08 February 2013
The ratings agency has upgraded the senior debt rating of the WestLink M7 toll in Sydney from BBB to BBB+. It put the upgrade down partly to the ‘operational toll road expertise’ of sponsors Transurban, Macquarie Infrastructure Group and funds managed by QIC.
2 min read · 08 February 2013
Having already corralled $4 billion of equity commitments for a global opportunity investing consortium, the Toronto-based firm has swollen its kitty by a further $1bn as two more investors sign up.
2 min read · 08 February 2013
A European-listed fund managed by Denver-based ProLogis is altering its legal structure as a result of the credit crunch.
2 min read · 08 February 2013
The Los Angeles-based firm reportedly said it was looking to merge Japan Rental Housing Investments with other J-REITs. Oaktree said the industry was ripe for “consolidation", according to media reports.
2 min read · 08 February 2013
The business development company has staved off bankruptcy for the short term as it eases its debt load by $174m.
2 min read · 08 February 2013
The Hong Kong-based firm has hired four professionals from Deutsche Bank’s Asia-Pacific distressed products group.
2 min read · 08 February 2013
Florida's state pension board has totally written off its $250m investment in Tishman Speyer's Stuyvesant Town/Peter Cooper Village deal, joining California's massive teachers' pension, which wrote its $100m investment in the deal to zero.
2 min read · 08 February 2013
