Private equity infrastructure funds have long used different structures than their traditional private equity peers.The asset class provides some intriguing examples of the benefits and drawbacks of some innovative models, among them the open-end fund structure.
6 min read · 08 February 2013
Leon Black’s firm is close to the halfway mark as it seeks to raise $2 billion to invest in non-performing loans across Europe.
1 min read · 08 February 2013
Temasek Holdings, in which Singapore’s finance ministry is the sole stakeholder, also booked a net profit of S$6bn, a threefold decrease from last year.
3 min read · 08 February 2013
The sovereign fund, whose portfolio recently recouped some of the value it had lost in the past fiscal year, has not made clear how its private equity investment strategy may shift.
2 min read · 08 February 2013
A new private banking service is a vote of confidence in the asset class, writes Toby Mitchenall.
2 min read · 08 February 2013
Private Equity Manager sought out feedback from several different private equity players with regard to 'Private Equity Principles' just released by the Institutional Limited Partners Association. The LP-friendly suggested partnership terms are seen by some non-LPs as less than perfect.
9 min read · 08 February 2013
The EU is still in the process of adapting its controversial Directive on Alternative Investment Fund Managers after a storm of criticism from the affected managers and plenty of disagreement among the member states. In the meantime, here is what private equity firms need to worry about in the current proposal. By Marcia MacHarg, Anthony McWhirter, Philipp von Holst and Ina Maria von Raven of Debevoise & Plimpton
8 min read · 08 February 2013
The southern US state’s first PPP has been suspended just days before the bid submission deadline for the 12 mile toll road. Officials blame the suspension on the credit crisis and the recession, which have made it difficult for several other PPP procurements to reach completion this year.
3 min read · 08 February 2013
Private equity firms have invested $2.7 billion in Indian infrastructure since the beginning of 2006 and a pick up in investment activity is anticipated in the next eight to 12 months.
2 min read · 08 February 2013
The Dallas-based firm’s attempt to buy Japan’s first failed REIT is blocked for a second time by creditors. A rival bid from Daiwa House remains on the cards if New City can avoid liquidation.
2 min read · 08 February 2013
