In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
2 min read · 12 January 2013
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
2 min read · 12 January 2013
Terra Firma’s first Walker-compliant annual review sets out a blueprint for mega-fund disclosure, reporting on all its portfolio companies irrespective of size or location. Guy Hands may conduct more of his business outside the UK as a result of changes to tax.
3 min read · 12 January 2013
The first cut of EVCA’s independently produced data for Europe shows the industry’s resilience in fundraising and investment in the face of challenging market conditions in 2007. Performance was stable.
3 min read · 12 January 2013
The first cut of EVCA’s independently produced data for Europe shows the industry’s resilience in fundraising and investment in the face of challenging market conditions in 2007. Performance was stable.
3 min read · 12 January 2013
The Canada Pension Plan Investment Board has teamed up with Blackstone and a Canadian telecom company to bid in an upcoming spectrum auction. The consortium has deposited $340 million toward that end.
2 min read · 12 January 2013
The Canada Pension Plan Investment Board has teamed up with Blackstone and a Canadian telecom company to bid in an upcoming spectrum auction. The consortium has deposited $340 million toward that end.
2 min read · 12 January 2013
Fundraising is proceeding at a fair clip amid signs that even the larger funds are still in favour. It is clear that investors are keeping the faith. But will they do so indefinitely, asks Andy Thomson?
3 min read · 12 January 2013
Testifying yesterday before the US Senate Finance Committee, Timothy Callahan warned lawmakers not to impose new taxes on private equity real estate fund managers.
2 min read · 12 January 2013
Funds of funds are busily bulking up their investment teams – despite the expected market slowdown. By Philip Borel.
6 min read · 12 January 2013
