Traditionally cautious and subject to ‘hyper-management’ control, Korea’s much- coveted investor base is becoming increasingly more flexible and braver when it comes to buying in the US. PERE Magazine September 2011 issue.
3 min read · 15 January 2013
In conjunction with Westmont Hospitality, the Stamford, Connecticut-based investment management firm has acquired $700 million in loans backed by 143 Red Roof Inns, thereby assuming control of the properties.
2 min read · 15 January 2013
Fears that the US was nearing default on some of its $14.3 trillion in debt alongside Europe’s continuing sovereign debt crisis sent global stock markets into a panic last month. At press time, markets were still extremely volatile. But the dislocation could present opportunities for private equity funds and investors, Asian market participants included, says Juan Delgado-Moreira, managing director and head of Europe and Asia for Hamilton Lane
4 min read · 15 January 2013
Secondary platforms are helping smaller investors to engage with this burgeoning market. However, some GPs are concerned about the potential risks.
3 min read · 15 January 2013
The New York-based firm’s second and third funds have underperformed LPs’ expectations, and some large investments in its most recent fund have struggled. But the firm has some unrealized investments that may yet be game changers
5 min read · 15 January 2013
The secondaries market has come a long way in a relatively short space of time. Since a handful of pioneers carved out this specialist niche back in the early 1990s, the industry has grown to such an extent that the merry band of early prospectors now looks more like a gold rush.
4 min read · 15 January 2013
The best way to deal with constant regulatory change is to embed a compliance culture throughout the organisation – and the impetus has to come from the top, writes Peter Moore of The IMS Group.
7 min read · 15 January 2013
High-yield issuance in the US and Europe surged to record levels during the first half of 2011, but the recent market volatility has ensured an uncertain outlook for the rest of the year
4 min read · 15 January 2013
Chicago-based GTCR has one of the most prolific heritages in all of private equity, dating back to the 1980s. As the firm begins to deploy its tenth and largest fund, chairman Bruce Rauner is in the process of handing over leadership to the next generation of principals. Graham Winfrey meets Phil Canfield and Collin Roche, two of the three heirs to the throne.
10 min read · 15 January 2013
Does the sovereign debt crisis represent a clear and present danger to the future of European private equity? Or is it creating the most promising market conditions in 20 years? It depends who you ask, writes James Taylor
10 min read · 15 January 2013