The New York private equity firm has set up a five year fund with Sino-Ocean Land into which both parties are putting $70m.
2 min read · 15 January 2013
Private equity managers can strategically execute “Material Adverse Change” clauses to renegotiate deals in their favour – though doing so brings significant reputational risk.
3 min read · 15 January 2013
Lord Stern, who produced a landmark report on climate change, is part of a group of nine advisors appointed by the government to help 3i’s Sir Adrian Montague set up the UK’s Green Investment Bank.
2 min read · 15 January 2013
Fortress Investment Group is getting its hands dirty salvaging value from a real estate opportunity with an estimated value of $2 trillion. Through its credit business, the firm believes it has the right team and resources for the job. PERE Magazine September issue 2011.
10 min read · 15 January 2013
Fears that the US was nearing default on some of its $14.3 trillion in debt alongside Europe’s continuing sovereign debt crisis sent global stock markets into a panic last month. At press time, markets were still extremely volatile. But the dislocation could present opportunities for private equity funds and investors, Asian market participants included, says Juan Delgado-Moreira, managing director and head of Europe and Asia for Hamilton Lane
4 min read · 15 January 2013
Southeast Asia-focused Kendall Court has plans to expand its assets under management and its network of offices, bringing its growth capital-style of mezzanine financing to more of the region’s up-and-coming companies. Managing partner Chris Chia tells Hsiang-Ching Tseng why the 7-year-old firm believes strongly in a niche that has yet to really take root in Asia
7 min read · 15 January 2013
Secondary platforms are helping smaller investors to engage with this burgeoning market. However, some GPs are concerned about the potential risks.
3 min read · 15 January 2013
The New York-based firm’s second and third funds have underperformed LPs’ expectations, and some large investments in its most recent fund have struggled. But the firm has some unrealized investments that may yet be game changers
5 min read · 15 January 2013
The best way to deal with constant regulatory change is to embed a compliance culture throughout the organisation – and the impetus has to come from the top, writes Peter Moore of The IMS Group.
7 min read · 15 January 2013
High-yield issuance in the US and Europe surged to record levels during the first half of 2011, but the recent market volatility has ensured an uncertain outlook for the rest of the year
4 min read · 15 January 2013