London-based Geni Capital and Dubai's AREIT Management say the closed ended opportunity fund aims to launch with at least $100 million, with a cornerstone investor already having been lined up.
2 min read · 08 February 2013
The 87-year-old retail company has filed for Chapter 22 bankruptcy protection less than one year after originally being brought out of Chapter 11. Private equity firms are among potential buyers, Fortunoff says.
2 min read · 08 February 2013
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
