Those assuming this year has seen only scant and prosaic infrastructure financings as economic woes continue, should think again. Bruno Alves and Andy Thomson identify five groundbreaking transactions
4 min read · 15 January 2013
Poor planning and bickering tainted US parking privatisations. But with the municipal need for cash ever-present, such deals are back centre stage.
5 min read · 15 January 2013
A joint venture between the New York-based private equity firm and the Palm Beach, Florida-based hotel REIT has acquired the 64 hotels owned by Innkeepers for $1.02 billion. Innkeepers subsequently has emerged from Chapter 11.
2 min read · 15 January 2013
The consortium has paid £105m to buy a transmission link to an offshore UK wind farm from DONG, Scottish and Southern Energy, PGGM and Ampere Equity Fund. The European Investment Bank is backing the deal with £52m of debt.
2 min read · 15 January 2013
The European Commission is proposing to use €230m to fund a test phase for its Europe 2020 Project Bond initiative, to be implemented in 2012-2013. The pilot programme, part of a wider €50bn infrastructure facility, will target up to 10 projects and ‘is expected to mobilise investments of up to €4.6bn’.
2 min read · 15 January 2013
If adopted, the $235bn pension system would place most of its alternative investments in buyout funds, with an additional 30% in credit related investments and growth/expansion funds.
2 min read · 15 January 2013
The global firm will buy Burger King’s New Zealand operator from Anchorage Capital Partners.
1 min read · 15 January 2013
The global firm has agreed to buy Burger King’s New Zealand operator from Anchorage Capital Partners.
1 min read · 15 January 2013
The New Jersey Division of Investment has committed $300m to TPG Capital, a longstanding relationship for the pension, and $200m to three other managers.
2 min read · 15 January 2013
UK government-backed CDC Group recently made plans to expand its credit products in India. Anubha Shrivastava, managing director, discusses the potential for such offerings in the country with PE Asia.
2 min read · 15 January 2013