Carl Walter knows something about China’s banks. He was until recently the COO of JPMorgan China and before that held a senior position at China International Capital Corporation. His recent book with Fraser Howie, Red Capitalism: The Fragile Financial Foundations of China’s Extraordinary Rise, examines the Chinese financial system. Walter recently spoke to PE Asia
6 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
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
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
Private equity is already under attack from politicians and regulators, and Mitt Romney’s presidential campaign is likely to attract even more unwanted attention. James Taylor and Nicholas Donato report
10 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
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 · 15 January 2013
Assured Guaranty’s recent UK bond deal heralds the return of one of the strongest monoline insurers. But those banking on a comeback of the whole monoline industry should keep the champagne corked.
3 min read · 15 January 2013
As a state government official, Dale Bonner helped pioneer California privatisation. Now a master fixer for hire, he talked to Chris Glynn about his raison d’être: private capital and Golden State infrastructure
5 min read · 15 January 2013
The design of the infrastructure fund model appears to be gradually evolving to meet investor needs. But this does not mean the industry can rest on its laurels. Chris Glynn caught up with two infrastructure professionals for their insights into the GP/LP dialogue
5 min read · 15 January 2013
