In the first of our new regular series on operational value creation, Private Equity International takes an in-depth look at Graphite Capital’s success with shoe retailer Kurt Geiger. By James Taylor
8 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 · 15 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 · 15 January 2013
The Turkish developer managed to raise $425m in debt to reach financial close on a 36-year contract to operate and increase the capacity of Turkey’s Iskenderun Port, located on the country’s Mediterranean coast.
1 min read · 15 January 2013
The Turkish developer managed to raise $425m in debt to reach financial close on a 36-year contract to operate and increase the capacity of Turkey’s Iskenderun Port, located on the country’s Mediterranean coast.
1 min read · 15 January 2013
The Turkish developer managed to raise $425m in debt to reach financial close on a 36-year contract to operate and increase the capacity of Turkey’s Iskenderun Port, located on the country’s Mediterranean coast.
1 min read · 15 January 2013
Some improbable events took place in 2011. In our final newsletter of the year, we take a completely unscientific approach to weighing up the probability of certain other significant developments happening in 2012.
3 min read · 15 January 2013
The $26bn retirement system also made a pair of commitments, totaling around $80m, to Leonard Green’s sixth fund and BC Partners’ ninth European capital fund.
2 min read · 15 January 2013
A sensible allocation to distressed debt and related strategies within a portfolio can smooth out volatility and boost returns, says CalPERS’ Réal Desrochers
6 min read · 15 January 2013
By requesting a $200m bond to participate in a $5bn roads privatisation, the Turkish government is indicating that only serious bidders need apply. It will now face pressure to run a quick and efficient tender process, maintains Bruno Alves
3 min read · 15 January 2013
