With Japan still reeling from the largest earthquake in its history, private equity business in the country has been put on pause.
4 min read · 15 January 2013
The New York-based private equity giant will acquire a nine-loan portfolio, backed by US hotel, retail and office properties, from struggling German bank Eurohypo on behalf of the firm’s latest global real estate fund.
2 min read · 15 January 2013
Europe is in need of private capital, while China and India, despite slowing growth, remain strong infrastructure markets, according to a report authored by AMP Capital.
2 min read · 15 January 2013
Blackstone’s credit business GSO Capital Partners has injected The Miller Group with £160m of capital, resulting in a roughly 50 percent ownership stake in the largest privately-owned homebuilder in the UK.
2 min read · 15 January 2013
The social online gaming company’s liquidity event could increase LP appetite for venture capital, considered by some LPs to be the ‘least loved’ of the asset classes.
3 min read · 15 January 2013
The distressed investment-focused firm has formed a $300m customised account with New Jersey’s $68bn state pension system to take advantage of the huge need for financing in the mid-market.
3 min read · 15 January 2013
Knock-out return for The California Public Employees’ Retirement System’s (CalPERS) from its original $500m commitment to GI Partners Fund I.
2 min read · 15 January 2013
A 1% management fee on invested capital was one of several choice economic terms that New Jersey's alternatives chief Christine Pastore helped build into customised funds managed by Blackstone.
4 min read · 15 January 2013
The £170m acquisition of the Sleaford straw-fired renewable energy plant from renewable firm ECO2 is also the UK’s first project-financed biomass deal in five years. NIBC, RBS, Siemens Bank and Unicredit are providing debt for the deal.
1 min read · 15 January 2013
The $66bn pension projects saving $120m in fees over the life of the partnership, in which the system will allocate capital to traditional Blackstone funds and customised accounts with ‘1% and 15%’ term structures.
2 min read · 15 January 2013