The UK’s spending watchdog thinks PFI equity returns may have been inflated over the years.
3 min read · 15 January 2013
Progress is steady rather than spectacular, but the Central Asian and South Caucasus region is starting to open up to infrastructure developers and investors. Stephen Wermert of the Asian Development Bank explains some of the opportunities and pitfalls
6 min read · 14 January 2013
The need for documented valuation practices at private equity firms is one of a number of issues related to the SEC’s recent inquiries into the industry and reported investigation into a fund managed by Oppenheimer Holdings.
2 min read · 14 January 2013
The need for documented valuation practices at private equity firms is one of a number of issues related to the SEC’s recent inquiries into the industry and reported investigation into a fund managed by Oppenheimer Holdings.
2 min read · 14 January 2013
The need for documented valuation practices at private equity firms is one of a number of issues related to the SEC’s recent inquiries into the industry and reported investigation into a fund managed by Oppenheimer Holdings.
2 min read · 14 January 2013
Ireland's National Asset Management Agency, which is seeking to wind down a €31 billion portfolio of real estate loans, has hit out at weekend press reports suggesting it could have cost 230 jobs that were being created in Dublin.
3 min read · 14 January 2013
The lowering of the capital overhang will place the advantage on the buy side, the Terra Firma Capital Partners founder said at Harvard’s Venture Capital and Private Equity Conference.
2 min read · 14 January 2013
US financial institutions want to unload impaired assets as they have become more willing to take write-offs and are pushed by regulations, while European institutions are slowly moving toward de-leveraging, according to delegates at a recent industry conference.
3 min read · 14 January 2013
The extraordinary tale of a huge Dutch real estate fraud, a warning by the country’s Central Bank over property valuations and how the Dutch office market could be hardest hit by the unwinding of German open-ended funds.
3 min read · 14 January 2013
The bank’s Strategic Partners team sweetened terms on its fifth secondaries fund, including not only committed capital, but fees and expenses that must be paid back to LPs, plus an 8% return, before the GP collects carried interest.
4 min read · 14 January 2013