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
A group of five banks are extending a $380m debt facility that originally expired in August 2012, leaving the Australian toll road operator with no senior debt maturing before 2014.
1 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
Lehman Brothers has no time to celebrate its move to emerge from bankruptcy, as it is gearing up to fight for control of the largest real estate asset on its books: Archstone.
3 min read · 15 January 2013
The private equity firm has denied its investment in the Australian media group is in trouble, but reportedly asked its creditors to respond to a new plan on refinancing by Christmas.
2 min read · 15 January 2013
The private equity firm has denied its investment in the Australian media group is in trouble, but reportedly asked its creditors to respond to a new plan on refinancing by Christmas.
2 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
