Analysts Moody’s Investors Services highlights that a debt issuer rated one category below investment grade will double its default risk when acquired by a private equity sponsor.
2 min read · 12 January 2013
The ratings agency says infrastructure is overvalued, blaming private equity interest in the sector and cheap financing.
2 min read · 12 January 2013
Michael Spies and his growing roster of senior investment professionals are carefully expanding Tishman Speyer's already significant footprint in Europe. Spies and company recently shared with PERE their team-oriented approach to investing in Europe's biggest cities. By Robin Marriott
9 min read · 12 January 2013
The specter of time is haunting private equity real estate, as every stage of the investment process is now likely to take longer than before.
5 min read · 12 January 2013
KKR appoints China advisors * Kleiner Perkins bolsters China resource * AlixPartners to ride India wave * Herbert Smith hires for new Dubai office * Bain appoints Japanese tech veteran * Green joins Barwon as third partner * Navis expansion gathers speed * ABN AMRO expands Asia financial sponsor coverage
5 min read · 12 January 2013
US investment group Lone Star has pulled its planned exit from Korea Exchange Bank following continuing investigations into its investment in 2003.
2 min read · 12 January 2013
A Korean court today issued warrants to arrest US-based Ellis Short and Michael Thompson on alleged stock manipulation charges. The warrants came through after prosecutors failed in their applications twice before.
2 min read · 12 January 2013
Debt has never been cheaper, but it may have finally bottomed out.
3 min read · 12 January 2013
A new $2.5m wealth threshold for investment in private equity and hedge funds would dramatically reduce the number of US investors considered accredited.
1 min read · 12 January 2013
A reapplication by Korean supreme Prosecutor’s Office to detain and arrest three senior executives of Lone Star including co-founder Ellis Short has been turned down by the courts again on 7 November.
2 min read · 12 January 2013