Lexington Partners’ founder Brent Nicklas has spent the last 20 years trying to create LP-friendly products – and in doing so, has built one of world’s biggest secondaries managers. In a rare interview, he tells James Taylor that it’s time for private equity to start focusing exclusively on its most important constituency: investors
10 min read · 15 January 2013
Next year, one of these Republicans hopes to replace Barack Obama as US President. With financial regulation and taxation high on the political agenda, who would be the best bet for the private equity industry?
6 min read · 15 January 2013
Macquarie and Skanska are targeting an early next year close for the long-running project to improve a major tunnel in Virginia, a closely watched public-private partnership.
1 min read · 15 January 2013
Breslauer’s Patron Capital acquired a portfolio of hotels out of administration last month (at the same time as he ascended Yosemite’s El Capitan. PERE Magazine November 2011 issue.
3 min read · 15 January 2013
Apollo's real estate arm, led by Joe Azrack, charts a new course in the wake of the global financial crisis and its acquisition of Citi Property Investors.
10 min read · 15 January 2013
The transaction all but completes the global property services firm’s $1.2 billion takeover of the Dutch banking group’s real estate fund management business originally announced in February.
2 min read · 15 January 2013
A preference in Asia for domestic talent over expatriates is one of several key takeaways from PERE’s examination of recruitment and compensation in the private equity real estate sector. PERE Magazine November 2011 issue.
8 min read · 15 January 2013
Secondary platforms are helping smaller investors to engage with this burgeoning market. However, some GPs are concerned about the potential risks, writes Sam Sutton.
3 min read · 15 January 2013
Weijian Shan was one of TPG’s top dealmakers in China for more than a decade. He left the firm last year to become chairman and chief executive of PAG Group, whose private equity arm held a $1.7bn first close this summer on its debut Asian buyout fund, targeting $2.5bn.Though Shan declined to discuss fundraising, he recently talked with PE Asia about China’s macroeconomic climate, its developing private equity industry and the pleasure derived from working on successful turnarounds.
9 min read · 15 January 2013
Those assuming this year has seen only scant and prosaic infrastructure financings as economic woes continue, should think again. Bruno Alves and Andy Thomson identify five groundbreaking transactions
4 min read · 15 January 2013