Twenty-four toll road projects in the US have involved PPP-type arrangements, out of a total of 235 projects implemented since 1992. PPP approaches are being considered for another 24 toll road projects, according to a study published by the US Federal Highway Administration.
2 min read · 08 February 2013
Britain says that the original plan to infuse the battered banking industry has proved to be insufficient. Among new schemes is a £50bn fund enabling the Bank of England to buy up troubled financial assets such as syndicated loans.
3 min read · 08 February 2013
The UK has unveiled new measures to help its battered banking industry, but BVCA chief Simon Walker cautions 'while a host of private equity investors stand ready' to rescue ailing companies, they can only do so if the banks actually get lending.
2 min read · 08 February 2013
407 ETR issued $500m of new senior notes due 2012 and will retire $400m of senior bonds due this year. The issuance indicates toll road operators' ability to refinance their assets despite a difficult credit environment and softening traffic figures tied to the overall economic slowdown.
2 min read · 08 February 2013
The KPMG-sponsored survey of global business leaders also found that business leaders around the world consistently said that roads and energy were the two sectors of infrastructure most urgently in need of investment.
2 min read · 08 February 2013
A recent study by BVCA analysed the performance of private equity-owned portfolio companies in the UK and found that they achieved 330% higher returns than the public equivalents. The report includes household names such as Alliance Boots, New Look, Thames Water and Weetabix.
2 min read · 08 February 2013
The Italian alternatives firm – one of Southern Europe’s earliest international private equity fund of funds operators – has hired Seth Lieberman to head up its new global real estate platform.
2 min read · 08 February 2013
The global private equity firm has made the hire to support its investment advisory activities in the financial services sector.
1 min read · 08 February 2013
BC Partners has admitted that the acquisition in June 2007 of UK estate agent Foxtons was the “wrong call”. The firm gave a press conference yesterday to clear the air after months of speculation about the ill health of their recently acquired asset.
2 min read · 08 February 2013
Oliver Blechner has resigned amid reported rumours of a personality clash at the top.
1 min read · 08 February 2013
