In conjunction with Westmont Hospitality, the Stamford, Connecticut-based investment management firm has acquired $700 million in loans backed by 143 Red Roof Inns, thereby assuming control of the properties.
2 min read · 15 January 2013
An overwhelming majority of investors who responded to a recent survey planned to maintain or increase their allocations to private equity, with high fees and a lack of transparency dissuading the remainder from committing more capital to the asset class.
3 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 secondaries market has come a long way in a relatively short space of time. Since a handful of pioneers carved out this specialist niche back in the early 1990s, the industry has grown to such an extent that the merry band of early prospectors now looks more like a gold rush.
4 min read · 15 January 2013
Buying or selling a secondary stake isn’t always straightforward. Robert Carlson and Stanley Liu explore some of the potential issues for all the parties involved.
6 min read · 15 January 2013
An overwhelming majority of investors who responded to a recent survey planned to maintain or increase their allocations to private equity, with high fees and a lack of transparency dissuading the remainder from committing more capital to the asset class.
3 min read · 15 January 2013
Does the sovereign debt crisis represent a clear and present danger to the future of European private equity? Or is it creating the most promising market conditions in 20 years? It depends who you ask, writes James Taylor
10 min read · 15 January 2013
Daniel Sherman is leaving DLA Piper to join Greenberg Traurig’s Atlanta office, where he will focus on public-private partnerships and infrastructure deals.
1 min read · 15 January 2013
