KKR invested ‘hundreds of millions’ in a partnership called Weld North in 2010, which has made its first acquisition for a reported $50m.
2 min read · 15 January 2013
Carlyle had reportedly been in talks to acquire the New Jersey-based energy-focused firm, which closed its $4.3bn second fund in 2010.
2 min read · 15 January 2013
For the first time since the credit crisis, Aberdeen Asset Management has launched an Asia Pacific fund of funds vehicle, seeking out a range of strategies from core to opportunistic and targeting returns between 13 and 17 percent per year.
2 min read · 15 January 2013
The $154bn pension system will also work to decrease holdings in opportunistic and value-add investments and reduce leverage in the portfolio.
2 min read · 15 January 2013
California Democratic Senator Barbara Boxer, who chairs the Environment and Public Works Committee, has proposed a two-year, $109bn transport bill to replace current legislation expiring on 30 September, while House Republicans led by John Mica (right) are suggesting a six-year, $230bn plan.
2 min read · 15 January 2013
The $154bn pension system has presented a 2011-2012 business plan that includes a target of $300m to $600m for new infrastructure investments. The plan also recommends that CalSTRS hire an additional investment officer for the infrastructure team.
4 min read · 15 January 2013
Carlyle had reportedly been in talks to acquire the New Jersey-based energy-focused firm, which closed on its $4.3bn second fund in 2010.
2 min read · 15 January 2013
The $154bn pension system will review a private equity business plan next week that shows a focus on reducing costs by creating separate accounts and expanding the co-investment programme.
3 min read · 15 January 2013
While asset allocation to private equity remains relatively low at 11%, half of those surveyed in a recent LPEQ and Scorpio Partners study plan to increase their holdings in the asset class in the next year.
2 min read · 15 January 2013
What are the possibilities and limitations of the bond market as far as infrastructure investors are concerned? Spence Clunie of Ancala Partners and Anthony Forshaw of Deutsche Bank explore the question with reference to Moto, a deal they both worked on
9 min read · 15 January 2013