The US buyout shop and the IFC have taken almost equal minority stakes in Bombay-listed non-banking finance company Magma Fincorp.
2 min read · 15 January 2013
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
2 min read · 15 January 2013
The global alternatives group distributed $6.4bn to investors in the first quarter this year, almost as much as the $7.5bn it returned in 2010, according to the David Rubenstein-led firm’s annual report.
2 min read · 15 January 2013
London-based Mountgrange has teamed up with partners at residential specialist Pluto Capital for a fund aiming to supply £50m of mezzanine loans to help finance residential developments in London and the South East of England. The firm said that the vehicle was the first of its kind in the residential sector.
3 min read · 15 January 2013
Former Towerbrook Capital Partners managing director John Sinik has launched a debt fund management business which is hoping to raise at least €300m for its maiden vehicle.
3 min read · 15 January 2013
The EC and EIB’s plans to credit-enhance private sector infrastructure bonds do not guarantee those bonds an A-rating, Fitch has said in a report.
2 min read · 15 January 2013
Portugal will have to look into its PPP contracts with a view to ‘reduce the government’s financial obligations’ as part of the €78bn EU/IMF bailout provided to the country. The bailout also encourages the government to try and reduce feed-in tariffs for existing renewable contracts.
2 min read · 15 January 2013
The bankruptcy of the South Bay Expressway in Southern California demonstrates why it’s good the infrastructure lobby doesn’t always get what it wants in Washington DC.
3 min read · 15 January 2013
A combination of abundant natural resource and government support has made Latin America – and Brazil and Mexico in particular – increasingly attractive to infrastructure funds eyeing renewables. Alexandra Atiya reports
6 min read · 15 January 2013
The firm told LPs at its annual meeting that it will hit the fundraising trail in about 18 months and target $3bn with a hard-cap of $4bn, putting it in line with others managers now raising smaller funds than predecessor vehicles.
3 min read · 15 January 2013
