The term private equity wasn't mentioned once in the UK's Turner Review, but the industry will nonetheless be affected by the report's conclusions.
3 min read · 08 February 2013
Over the past five years, the top 30 private equity real estate firms in the world have raised more than $211 billion -10 percent more than when PERE last counted capital raising efforts by the industry. Read on to discover the firms garnering the most. PERE Magazine May 2009.
10 min read · 08 February 2013
3i Germany is losing managing director and group partner Stephen Kruemmer to ‘personal reasons’ as of tomorrow. He will be jointly replaced by current partners Ulf von Haacke and Peter Wirtz.
2 min read · 08 February 2013
France and Germany became founding members and first countries to commit capital to the multinational infrastructure development fund, which is ultimately targeting $10bn of capital that could enable $40bn of projects in emerging markets. Privately-funded projects will be eligible for IFC financing.
2 min read · 08 February 2013
France and Germany became founding members and first countries to commit capital to the multinational infrastructure development fund, which is ultimately targeting $10bn of capital that could enable $40bn of projects in emerging markets. Privately-funded projects will be eligible for IFC financing.
2 min read · 08 February 2013
London-based law firm SJ Berwin is planning to open an office in Dubai, the first for the firm in the Middle East.
1 min read · 08 February 2013
Private equity veteran Tom Lee said his firm is looking to invest without leverage in both 'good' and 'bad' banks. Meanwhile, Apollo is eyeing various credit opportunities including providing DIP financing and LBO loans, as well as buying debt in companies it 'knows well' like former portfolio company Intelsat.
2 min read · 08 February 2013
GPs must aggressively analyse and restructure portfolio companies' capital structures before they reach emergency stages, Marc Rowan said at a conference in Los Angeles yesterday. The private equity industry will be one of the most challenged during this economic cycle due largely to the 'looming' maturity of debt for levered companies, he added.
3 min read · 08 February 2013
The buyout giant’s plan to delist its Euronext-traded fund and float on the New York Stock Exchange has once more been delayed due to the tumultuous recent conditions in the financial markets.
1 min read · 08 February 2013
The Blackstone spin-out has already held a first close on its second fund to focus on direct venture capital secondaries. It recently acquired stakes in nine new companies including Facebook, Zappos and eHarmony.
2 min read · 08 February 2013
