The US government should introduce a programme to help commercial real estate investors with performing loans refinance debt that is coming due warning the asset class would be the “second shoe to drop”.
1 min read · 08 February 2013
The Colony Capital-backed hotel owner, the largest in Europe, has sold a portfolio of budget hotelF1s in a €272m sale-leaseback deal.
2 min read · 08 February 2013
Private equity infrastructure funds have long used different structures than their traditional private equity peers.The asset class provides some intriguing examples of the benefits and drawbacks of some innovative models, among them the open-end fund structure.
6 min read · 08 February 2013
The US firm reveals its first UK dedicated strategy saying it hopes to build a portfolio with ‘low levels of depreciation’ and ‘volatility’.
1 min read · 08 February 2013
Temasek Holdings, in which Singapore’s finance ministry is the sole stakeholder, also booked a net profit of S$6bn, a threefold decrease from last year.
3 min read · 08 February 2013
The sovereign fund, whose portfolio recently recouped some of the value it had lost in the past fiscal year, has not made clear how its private equity investment strategy may shift.
2 min read · 08 February 2013
The troubled firm has now received almost $900m in proceeds from a string of exits in the last 12 months.
1 min read · 08 February 2013
The firm has agreed to buy up to 148 properties from Sunwest, which filed a pre-packaged Chapter 11 reorganisation plan in August. The SEC sued Sunwest for fraud in March after it almost devolved into a Ponzi scheme.
2 min read · 08 February 2013
Private Equity Manager sought out feedback from several different private equity players with regard to 'Private Equity Principles' just released by the Institutional Limited Partners Association. The LP-friendly suggested partnership terms are seen by some non-LPs as less than perfect.
9 min read · 08 February 2013
The southern US state’s first PPP has been suspended just days before the bid submission deadline for the 12 mile toll road. Officials blame the suspension on the credit crisis and the recession, which have made it difficult for several other PPP procurements to reach completion this year.
3 min read · 08 February 2013
