Leon Black-led Apollo — which has approximately $10bn in dry powder — believes the volatile markets could be rife with opportunities.
3 min read · 15 January 2013
The Franco-Dutch consortium has been awarded a 20-year contract with no traffic risk to widen and refurbish a 46.5km section of Germany’s A9 motorway. Financial close on the availability-based contract is expected over the next couple of months.
2 min read · 15 January 2013
Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
2 min read · 15 January 2013
Wesley Edens, Robert Kauffman, Peter Briger, Randal Nardone and Michael Novogratzhave have entered into new five-year contracts as Fortress reported ‘off expectations’ second quarter results.
2 min read · 15 January 2013
Six months after determining it would commit up to $1.2 billion of equity commitments to real estate value-added and opportunity funds, Korea’s largest institutional investor has made four commitments to managers deploying strategies in North and South America.
2 min read · 15 January 2013
Wesley Edens, Robert Kauffman, Peter Briger, Randal Nardone and Michael Novogratzhave have entered into new five-year contracts as Fortress reported ‘off expectations’ second quarter results.
2 min read · 15 January 2013
Fortress principals Wesley Edens, Peter Briger, Robert Kauffman, Randal Nardone and Michael Novogratz have entered into new five-year contracts with the New York alternative investment house, effective January 1, 2012. Their extended employments were announced as Fortress reported ‘off expectations’ second quarter results.
2 min read · 15 January 2013
KKR posted a surprise decline in earnings during Q2, with economic net income falling by 27% despite the group growing assets under management to $61.9bn as of 30 June, up from $54.4bn at the same point last year.
2 min read · 15 January 2013
The Virginia Department of Transportation has issued a request for detailed proposals for the Route 460 highway extension, which has attracted interest from Cintra, Kiewit, Skanska and other groups. Virginia hopes to sign a contract for the project by next May.
2 min read · 15 January 2013
The US private equity giant has appointed Dhiren Mehta from Nomura to grow its business in India.
1 min read · 15 January 2013
