Ravi Sinha will leave the firm to be replaced by Flowers’ Australia head David Morgan. The firm has also recruited former UK regulator Sir Callum McCarthy.
2 min read · 08 February 2013
Private equity firms spent 2009 strengthening portfolios and are now looking to invest large amounts of dry powder, a panel in New York told delegates.
3 min read · 08 February 2013
In 2009, Americans have received warning after warning that their governments face alternatively a ‘decade of debt’ or a ‘lost decade’ due to massive, painful and protracted budget deficits that are here to stay. Opportunities are abound for infrastructure investors – but so are the pitfalls.
5 min read · 08 February 2013
Amid speculation the US government could extend the life of one of its bailout programmes, TARP, real estate economist Sam Chandan argues at the PERE Forum that rebuilding the securitisation market would have more impact on the challenges facing the industry.
2 min read · 08 February 2013
Vestar Capital has sold Birds Eye seven years after leading a $175m recap of the frozen food company. It marks Blackstone's fourth US private equity deal this year.
2 min read · 08 February 2013
A lower interest rate in Brazil means unprecedented opportunity for private equity, reports David Snow.
2 min read · 08 February 2013
The US pension is the latest to join the government’s programme meant to jumpstart the credit markets, which CalPERS has said it will not join.
2 min read · 08 February 2013
The $126bn pension has created a new allocation to house its investments in the US Public Private Investment Programme.
2 min read · 08 February 2013
An early version of the Senate’s financial reform legislation exempts private equity from registration as an investment adviser – a carve-out which could save firms hundreds of thousands of dollars.
2 min read · 08 February 2013
The firm may try to replicate one of its greatest triumphs – the successful turnaround of Continental Airlines – in a deal that could reportedly be worth $300m or more.
3 min read · 08 February 2013
