Guy Hands this week knocked deals done between financial sponsors. Toby Mitchenall explores the issue.
3 min read · 08 February 2013
Infrastructure investors active in the region can expect more club deals by banks and a resurgence of multilateral and export agencies as sources of liquidity, according to project finance lawyers at law firm Shearman & Sterling.
3 min read · 08 February 2013
Valuation difficulties have prompted the Texas-based mega-firm to cease talks that began more than a year ago with the Kuwait Investment Authority and two California pensions over the potential sale of a single digit stake in its management company.
3 min read · 08 February 2013
KKR co-founder Henry Kravis has said firms in today’s tough financial climate have to ‘think outside the box’ and adapt strategies to capitalise on current market opportunities or risk being ‘left out’. He was echoed by Apollo chief Leon Black, who likened big take-privates to the extinct dodo bird.
2 min read · 08 February 2013
Fair value accounting demands private equity real estate mark to market. However, how does a GP mark to a market that is almost non-existent? PERE magazine February 2009 issue
4 min read · 08 February 2013
As private equity real estate fund managers prepare their year-end valuation reports, how are GPs facing the challenge of marking to a rapidly declining property market? PERE magazine February 2009 issue
8 min read · 08 February 2013
In India, Millennium Spire decided it had to become a developer as well as an investment manager. It is now targeting its second fund. PERE Magazine February 2009 issue
3 min read · 08 February 2013
Mark Antoncic is teaming up with Chip Lauckhardt, chief executive of Tuckerman Group, to advise lenders and investors on troubled real estate assets. PERE Magazine, February 2009 issue
2 min read · 08 February 2013
The implications of the global financial meltdown have not dampened the spirits of South Korean private equity fund managers, who now anticipate a friendlier reception and increased dealflow. Siddharth Poddar reports.
8 min read · 08 February 2013
Fundraising: difficult year ahead, but medium term outlook promising * HSBC (Asia) doubles previous fund size IL&FS closes short of target * Unitas Capital closes $1bn short of target * QInvest launches PE fund, puts joint fund on hold * Daiwa abandons ¥500bn fund plans * Haitong teams with Fortis on RMB 3bn fund * Report: RMB 1bn VC fund launch * Rasmala holds $120m first close * Partners Group raises $1.1bn for Asia-Pacific * Report: SAIF Partners raises RMB 1.6bn fund * Mayfield raises $111m for India * Direct Capital launches NZ$250m fund * Hangzhou provides incentives for PE * PE may get to invest in foreign retailers operating in India * * * * * *
10 min read · 08 February 2013