US private equity firm TPG Capital and Ivanhoé Cambridge, one of the 10 largest real estate companies in the world, have taken ownership of Woolgate Exchange, for £265 million. Ivanhoé also revealed it is planning to open a London office of its own.
2 min read · 15 February 2013
The sale marks the third exit in 12 months for the UK firm, which is expected to raise Fund V this year.
2 min read · 15 February 2013
Separation between wholesale and retail price controls will go ahead, but Ofwat’s proposed ability to shift activities accounting for up to 40% of water firms’ total revenues outside of the current price control framework have been nixed.
2 min read · 15 February 2013
Carrying over its 2012 momentum into 2013, private debt fund manager Prefequity will hold a first close for its maiden fund by the end of March.
2 min read · 25 January 2013
Private debt fund manager Metric Capital Partners will hold a second close for its €300m maiden fund in the next week, with a final close scheduled for March of this year.
1 min read · 24 January 2013
Private equity firms and service providers will be pleased to see a £5 million bank bond requirement erased from Jersey’s LLP law.
2 min read · 15 February 2013
Charles Dallara has joined Partners Group in the US – where he thinks the evolution in the banking sector will provide investment opportunities for his new employer.
3 min read · 15 February 2013
Institutional investors overwhelmingly cite deep due diligence as a prelude to new investments, according to an E&Y survey.
2 min read · 15 February 2013
Research from EDHEC Risk Institute, part of France’s EDHEC Business School, suggests that construction risk is a desirable exposure for infrastructure debt investors and should not be ‘pushed out of sight’ as a public sector liability.
2 min read · 15 February 2013
The US sale and leaseback specialist, American Realty Capital has selected London’s Moor Park Capital Partners to be exclusive deal maker in Europe for sale and leaseback transactions in the £5m to £75m range.
2 min read · 15 February 2013