Cezary Podkul takes an insider’s look at how infrastructure financier Babcock & Brown amassed – and lost – an A$14 billion empire built on debt.
8 min read · 08 February 2013
The fundraising market has collapsed since September. Now funds must change strategy to tap the new money emerging from institutional investors. Michael Kapoor reports.
9 min read · 08 February 2013
A summary of infrastructure news from around the world
5 min read · 08 February 2013
No one agrees on the most influential investors in global infrastructure, but there are many strong contenders. Here’s our pick, after asking around the industry.
6 min read · 08 February 2013
London’s Ashmore Investment Management is heading for new shores, downturn or no downturn
2 min read · 08 February 2013
Gatwick airport is managing to attract pension funds as direct investors
1 min read · 08 February 2013
The European development finance institution has committed to funds from two Central European mezzanine specialists: Mezzanine Management and Syntaxis. It has also approved a €20m commitment to a special situations fund.
2 min read · 08 February 2013
The Finnish private equity firm’s life sciences head, Jan Lundahl, has resigned seven years after he joined the firm.
1 min read · 08 February 2013
Moody's has followed Fitch in slashing its debt rating for Energy Future Holdings as concerns mount over its ability to pay creditors. The company formerly known as TXU was purchased by TPG, KKR and Goldman Sachs in a $45bn transaction, the largest-ever buyout closed to date.
2 min read · 08 February 2013
The mega-buyout firm, which has been struggling with some of its larger portfolio companies in the financial crisis, is offering a 51% premium to Legacy Reserves’ unitholders over the average closing price of the units over the last 30 days.
2 min read · 08 February 2013
