Valuing portfolio companies based on a discounted cash flow approach is controversial when applied to private equity. We discover why valuation experts still consider it the most appropriate method for infrastructure.
4 min read · 15 January 2013
A wave of incoming regulations is helping fuel activity in the secondaries market, which for some GPs means big compliance headaches.
8 min read · 15 January 2013
The ratings agency has said in a note that the EIB’s proposals to get the capital markets back into infrastructure financing ‘would be capable of credit-enhancing PPP project bonds from low investment-grade to single-A ratings’.
2 min read · 15 January 2013
With Denmark’s banking system in disarray, Icelandic subsidiaries grinding out sales and pockets of localised distress in Sweden, the Nordic countries are no longer just about being a safe haven. PERE magazine July,August 2011 issue.
10 min read · 15 January 2013
After 15 years in charge of GIC Real Estate, Dr Seek Ngee Huat is leaving big shoes to fill. Successor Goh Kok Huat’s credentials suggest he’s up to the challenge. PERE Magazine July/August issue 2011.
4 min read · 15 January 2013
The Hong Kong Stock Exchange could become a more popular exit route for private equity-backed companies.
3 min read · 15 January 2013
Hope for the revival of Europe’s CMBS market as Deutsche Bank places ‘DECO 2011-CSPK’ backed by a £302m loan made to The Blackstone Group to buy Chiswick Park in London. GIC is also revealed as the mezzanine lender to Blackstone for its deal.
2 min read · 15 January 2013
Creditors for the hotel chain claim Blackstone and real estate firm Lightstone Group left the company insolvent, and are seeking $8bn.
2 min read · 15 January 2013
Creditors for the North Carolina-based hotel chain are claiming the firms inflated the sales price of the company in the 2007 buyout, leaving the company insolvent.
2 min read · 15 January 2013
BBVA, CIC, Dexia, Natixis and SG are backing a consortium led by a subsidiary of Bouygues in the financial close for the 30-year contract to build and operate France’s new Ministry of Defence. The €806m loan will start syndication this month to European banks.
2 min read · 15 January 2013
