The San Francisco-based real estate secondary firm has acquired a UK portfolio of assets for $775m, believed to be the largest secondary transaction to date in the private equity real estate sector.
2 min read · 12 January 2013
With its high rates of growth and large, increasingly affluent populations, Central and Eastern Europe is becoming an ever-more important element of private equity portfolios. But while there is much cause for optimism, some reservations still remain. Andy Thomson spoke to representatives of three limited partner groups – Leon Hadass, vice president at Pantheon Ventures; Ray Maxwell, managing director in the private equity division at Invesco Asset Management; and Peter Wilson, managing director at HarbourVest Partners – to glean their views on the region's prospects.
6 min read · 12 January 2013
What's an “emerging” market? Be clear that some are definitely more emerged than others, David Rubenstein argued at last month's IFC/EMPEA conference in Washington.
4 min read · 12 January 2013
Mike Anderson of Intermediate Capital Group looks at hidden dangers lurking in the capital structure of leveraged buyouts.
4 min read · 12 January 2013
UK serviced office provider Regus has bought back a majority stake in its Regus UK business three years after selling it to UK private equity firm Alchemy Partners.
2 min read · 12 January 2013
Prosecutors in Seoul have indicted the head of Warburg Pincus in Korea on charges of insider trading in LG Card, an investment from which the private equity firm exited in 2003.
2 min read · 12 January 2013
Is the distressed pendulum swinging? Investors have recently been looking towards Germany for distressed debt investing—but, according to some in the space, the smart focus for bad debt investing is the US. By Aaron Lovell.
2 min read · 12 January 2013
The US and UK alternative asset management firm has raised over €1bn for its second mezzanine fund focusing on transactions in Europe.
2 min read · 12 January 2013
European mid-market investor Barclays Private Equity has made an almost 3x multiple on the sale of UK debt business Cabot to Nikko Principal Investments.
3 min read · 12 January 2013
AnaCap Financial Partners, a new pan-European private equity firm focusing on the financial services sector, has raised an oversubscribed €300m vehicle.
2 min read · 12 January 2013