Jonny Maxwell, one of the industry’s most high-profile executives, has walked away from the fund of funds business he built over almost two decades after failing to agree a buyout with his employer.
2 min read · 12 January 2013
Central bank has called for more and improved data to better understand the potential impact on financial stability posed by hedge funds and their involvement in credit derivatives used by banks to offset risk in lending to buyouts.
2 min read · 12 January 2013
Investcorp will lose 100 percent of its stake in printing business Polestar in a restructuring, after struggling in the sector.
2 min read · 12 January 2013
Analysts Moody’s Investors Services highlights that a debt issuer rated one category below investment grade will double its default risk when acquired by a private equity sponsor.
2 min read · 12 January 2013
The ratings agency says infrastructure is overvalued, blaming private equity interest in the sector and cheap financing.
2 min read · 12 January 2013
Advantage Partners, a Tokyo-based private equity firm raising its fourth fund, has agreed to buy the financial business of Japan’s fallen internet giant Livedoor.
2 min read · 12 January 2013
Lone Star will not proceed with a planned lucrative exit from Korea Exchange Bank because of continuing investigations surrounding its investment in 2003.
2 min read · 12 January 2013
Lone Star’s cofounder and chairman is thinking about terminating a $7.3 billion deal to sell its stake in Korea Exchange Bank because of widening probes into its 2003 purchase. Local prosecutors have indicted the bank and Lone Star on stock manipulation charges.
2 min read · 12 January 2013
Michael Spies and his growing roster of senior investment professionals are carefully expanding Tishman Speyer's already significant footprint in Europe. Spies and company recently shared with PERE their team-oriented approach to investing in Europe's biggest cities. By Robin Marriott
9 min read · 12 January 2013
After a decade, the real estate division of GE has new ‘belief’ in Uk property debt.
4 min read · 12 January 2013
