The San Francisco-based real estate secondary firm has acquired a UK portfolio of assets for $775m, believed to be the largest secondary transaction to date in the private equity real estate sector.
2 min read · 12 January 2013
With its high rates of growth and large, increasingly affluent populations, Central and Eastern Europe is becoming an ever-more important element of private equity portfolios. But while there is much cause for optimism, some reservations still remain. Andy Thomson spoke to representatives of three limited partner groups – Leon Hadass, vice president at Pantheon Ventures; Ray Maxwell, managing director in the private equity division at Invesco Asset Management; and Peter Wilson, managing director at HarbourVest Partners – to glean their views on the region's prospects.
6 min read · 12 January 2013
What's an “emerging” market? Be clear that some are definitely more emerged than others, David Rubenstein argued at last month's IFC/EMPEA conference in Washington.
4 min read · 12 January 2013
The battle for Toys “R” Us was one of the most hotly contested transactions of last year—can the victors walk away unscathed? By Paul Fruchbom
9 min read · 12 January 2013
Apollo Real Estate has turned a 1993 investment in property-backed bonds into a $1.3 billion New York City deal.
4 min read · 12 January 2013
India's ICICI Venture gets into healthcare * GSJBW fund fully invested * Goldman, CDH win Chinese meat auction * LF Asia acquires menswear brands * IDFC lines up Indian stockbroker * Morgan Stanley to acquire Korean trader * Oak revisits India strategy * Carlyle retains Taiwan media focus * ChrysCapital exits via secondary * Allco, DB Capital acquire debt collector * Backing for Kiwi nursery firm * CHAMP consumes food firms * GIC, Olympus go organic in China
8 min read · 12 January 2013
Is the distressed pendulum swinging? Investors have recently been looking towards Germany for distressed debt investing—but, according to some in the space, the smart focus for bad debt investing is the US. By Aaron Lovell.
2 min read · 12 January 2013
AnaCap Financial Partners, a new pan-European private equity firm focusing on the financial services sector, has raised an oversubscribed €300m vehicle.
2 min read · 12 January 2013
General Motors has agreed to sell a 51 percent stake in its General Motors Acceptance Corp to private investment groups affiliated with Cerberus and Citigroup in a $14 billion deal that is designed, in part, to help restore the financing unit’s credit rating.
3 min read · 12 January 2013
The profile of senior secured debt continues to increase in Europe and the UK as private equity firms target distressed opportunities. By Aaron Lovell.
2 min read · 12 January 2013
