After building a historic $3bn customised relationship with the Texas Teachers’ Retirement System, the firm is talking to institutions around the world about similar opportunities.
4 min read · 14 January 2013
At a time of growing interest in offshore RMB-denominated funds, HSBC is adding talent to its London ranks as a way of capitalising on the trend.
1 min read · 14 January 2013
Mark Pay has re-joined CDC Group after eight years away, which included a long stint as a partner at Actis. At CDC he will spearhead the firm’s new direct investment strategy.
2 min read · 14 January 2013
The firm, which has made only sporadic investments in Europe over the past few years, sees huge opportunity in private equity, real estate and credit strategies in the region, which is undergoing 'de-leveraging’.
3 min read · 14 January 2013
It may not be a big enough playground for some investors, but opportunities continue to fl ow in Canada for those who like their deals modestly sized. Joel Kranc met with six infrastructure professionals in Toronto to get their thoughts on what’s coming through the pipeline in one of the world’s most advanced PPP markets
10 min read · 15 January 2013
Though LBOs remain scarce in Asia, they’ve tripled in value over the past year and regional banks have played a role. But worries over tightening lending criteria may slow that surge as market uncertainty continues. By Drew Wilson
7 min read · 14 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 14 January 2013
The appointment of Ernst & Young as administrators to the companies controlling Battersea Power Station has pre-empted yet another sale of the London landmark. PERE Magazine February issue 2012.
4 min read · 14 January 2013
The work of valuation professionals in the world’s secondary markets is becoming increasingly meaningful as opportunistic investors shift their attention from prime locations. PERE Magazine February 2012 issue.
9 min read · 14 January 2013
Private equity firms have been a big part of the brokerage industry’s business for a while and, in terms of transaction volume, will continue to be a major source of business. Still, for a group that prides itself on off-market deals, brokers can provide more value than most fund managers may think. PERE magazine, February 2012.
9 min read · 14 January 2013
