Private equity firms operating in Germany have reasons to be optimistic: the economy has held up well so far despite global pressures, while the asset class appears to be successfully challenging negative stereotypes. Nonetheless, things could yet take a turn for the worse. Andy Thomson reports from Frankfurt.
8 min read · 12 January 2013
Many general partners' recent letters to investors have sought to reassure that, despite market turbulence, current portfolios remain healthy overall and investment capabilities credible. Several firms' founders have also offered perspectives on general economic conditions. Private Equity International here provides excerpts of five “Dear LP” letters issued during the first quarter.
5 min read · 12 January 2013
Established in 1972, and responsible for private equity's first-ever fund of funds, Adams Street Partners is not the kind of organisation to flee in fright when a market downturn looms over the horizon. Andy Thomson and Philip Borel met with Bon French and Hanneke Smits in London to find out more about the firm's history, its take on current conditions and its broad-mindedness when it comes to manager selection.
9 min read · 12 January 2013
The Canada Pension Plan Investment Board moves very large sums of money in and out of private equity. Direct investment is a key component of its strategy finds Philip Borel.
5 min read · 12 January 2013
Having listed on the London Stock Exchange in May, Kuwait's Global Investment House has now opted to raise a new fund there as well.
8 min read · 12 January 2013
Investor support for private equity fund managers continues to rise, in spite of concerns that some are not sticking to the agreed script.
6 min read · 12 January 2013
Two decades of severe underinvestment have left global energy markets struggling to meet rising demand – and private equity firms with a massive opportunity.
3 min read · 12 January 2013
TPG-controlled XOJET has secured nearly $2.5bn in debt and equity as it goes head-to-head with Warren Buffet-backed NetJets.
7 min read · 12 January 2013
Editor's letter 2008-08-01 Staff Writer Looking back 12 months to the July/August 2007 issue of <italic>Private Equity International</italic> (where did the time go?), it doesn't take a genius to work out that the main preoccupation of private equity at that time was its image. Our pages recorded
2 min read · 12 January 2013
Just months after its Euronext-traded Carlyle Capital fund folded, the private equity firm is shutting down an affiliated hedge fund. It backed away from its previous hedge fund strategy, a fund of hedge funds, in 2003.
2 min read · 12 January 2013
