From the golden age to the age of pragmatism: private equity is an industry with evolving strategic priorities. PEI looks at how tastes have altered in five key respects.
10 min read · 08 February 2013
Under a pre-agreed reorganisation plan, Macquarie will receive a gift of 2% equity in Express Energy Services once it reemerges from bankruptcy. The $627m deal in which Macquarie and its partners bought 65% of the Texas-based company closed in July 2008, when oil prices stood at a historic high.
3 min read · 08 February 2013
Forum Partners, an otherwise low-profile firm that provides growth capital to property companies, made headlines when it acquired the real estate securities platform from Citi. PERE spoke with chief executive Russell Platt about how that deal got done, Forum’s runway to growth and his early days in the bull pen with John Grayken. By Robin Marriott.
10 min read · 08 February 2013
Hedge fund manager Julian Robertson and former assistant secretary to the US Treasury Emil W. Henry have launched Tiger Infrastructure Partners, an infrastructure private equity firm which will focus on the energy and power, water, waste, transportation and communications sectors.
2 min read · 08 February 2013
Dan Teper has been hired by RBC Capital Markets to help expand the bank’s US real estate investment banking group. Teper was previously managing director at Bank of America Merrill Lynch.
1 min read · 08 February 2013
Fundraising by Australian private equity funds plummeted to A$1.54bn in the year ending June 2009, although total investment value registered a slight increase.
2 min read · 08 February 2013
Four veterans of the Asia real estate market gather in Singapore to compare notes. For the third year, PERE organised a roundtable discussion about the Asia real estate investment opportunity, this time in Singapore’s iconic Raffles Hotel. Our four Asia old-hands spoke optimistically about the forward fundamentals of many Asian countries, but voiced caution about the fragility in the west. PERE November issue.
10 min read · 08 February 2013
Forum Partners, an otherwise low-profile firm that provides growth capital to property companies, made headlines when it acquired the real estate securities platform from Citi. PERE spoke with chief executive Russell Platt about how that deal got done, Forum’s runway to growth and his early days in the bull pen with John Grayken. By Robin Marriott
10 min read · 08 February 2013
With a turnaround investment, communications are more sensitive than ever – between the increased number of stakeholders typically involved, and the fluidity of the situation, the potential for missteps is great. PEI spoke with several private equity principals and independent communications professionals on what GPs should do to stay in the clear.
8 min read · 08 February 2013
<italic>LP intelligence from PrivateEquityOnline and PrivateEquityConnect</italic> 2009-11-01 Staff Writer <strong>ALLOCATION CHANGES</strong><br> <bold>Shell Pension Fund UK</bold> is considering a new 5 percent allocation to alternative assets. This will cover hed
4 min read · 08 February 2013
