As the muted market for IPOs shows some tentative signs of life, buyout house KKR has unveiled an agreement with Fidelity to open up new retail distribution possibilities.
2 min read · 08 February 2013
A debate is dividing the infrastructure community as to whether the $2.5bn Midway Airport deal fell apart because of bad timing or poor decision-making. Cezary Podkul weighs up the arguments.
10 min read · 08 February 2013
Bernard Sheahan is the man behind the IFC’s new Infrastructure Crisis Facility: a $10bn pot of money that could lend to your project or invest in your next infrastructure fund. Cezary Podkul asked him about his vision for the facility, how investors can get access to it, and why it is of such critical importance at the current time
10 min read · 08 February 2013
Pennsylvania said the recession and credit crisis upended the bidding process, which will resume when financial market conditions improve. In the meanwhile, $25m of commonwealth funds will be used to make the project more attractive to the private sector.
2 min read · 08 February 2013
Financing infrastructure is of critical importance if the world is recover at least some of its former economic momentum.
3 min read · 08 February 2013
After a busy month spent whizzing across New York from one industry gathering to the next, Cezary Podkul reports back with his Top 10 insights into the key trends in infrastructure
6 min read · 08 February 2013
The European buyout house is the latest financial sponsor to enter negotiations with lenders. Elsewhere, lenders to roofing company Monier are trying to seize control of the business from private equity firm PAI.
2 min read · 08 February 2013
The Los Angeles-based turnaround firm will operate Delphi out of bankruptcy. General Motors, which filed for bankruptcy Monday, will take over certain Delphi plants and provide the company with $250m in bankruptcy financing.
2 min read · 08 February 2013
Interest by foreign investors in US real estate, particularly from German property funds, is bringing greater competition to the market. PERE June 2009
3 min read · 08 February 2013
The US arm of the British property company led by the Duke of Westminster has also postponed its US multifamily fund amid ‘inauspicious markets’. The firm though has acquired a portfolio of senior loans on land and residential homes in Atlanta.
2 min read · 08 February 2013