The South African bank is to fund infrastructure projects in Sub-Saharan Africa to the tune of $150m with the support of the IFC. The funds will target infrastructure schemes in the telecommunications, oil, gas and energy sectors.
1 min read · 08 February 2013
Jon Moulton’s resignation letter to LPs boldly advises winding down the firm’s non-traditional fund and breaking up the portfolio – a suggestion not lost on rivals and secondary investors.
2 min read · 08 February 2013
Availability payment-based structures have a future in the United States, but not without some challenges, writes Cezary Podkul.
4 min read · 08 February 2013
Part of the US-based venture firm’s three-member India investment team, they will remain with Battery until Fund VIII is invested.
1 min read · 08 February 2013
A group of LPs has asked Sun Capital for the ability to shrink commitments to its $6bn fifth fund because of ‘liquidity issues’ and asset allocation imbalances.
2 min read · 08 February 2013
The GP who led Battery's push into India will quit after 10 years with the firm. Guatam Patel will also resign, leaving Battery with just one India-focused executive.
1 min read · 08 February 2013
The Los Angeles-based firm reportedly said it was looking to merge Japan Rental Housing Investments with other J-REITs. Oaktree said the industry was ripe for “consolidation", according to media reports.
2 min read · 08 February 2013
The Hong Kong-based firm has hired four professionals from Deutsche Bank’s Asia-Pacific distressed products group.
2 min read · 08 February 2013
Florida's state pension board has totally written off its $250m investment in Tishman Speyer's Stuyvesant Town/Peter Cooper Village deal, joining California's massive teachers' pension, which wrote its $100m investment in the deal to zero.
2 min read · 08 February 2013
Charter Hall, the Australian property fund manager established in 1991, is meeting investors’ concerns by giving them greater control over its freshly-launched Charter Hall Special Situations Office fund.
2 min read · 08 February 2013
