The National Audit Office has issued a report calling in strident terms for alternatives to the Private Finance Initiative (PFI) to be considered. PFI, which is the UK’s standard method of procurement for infrastructure projects, has come under increasing fire for allegedly failing to provide value for money.
2 min read · 15 January 2013
After six months of foreclosure proceedings, failed joint venture negotiations and a bankruptcy court hearing, Garrison Investment Group finally wins control of a Virginia office complex. But at what price? PERE magazine, May 2011 issue
4 min read · 15 January 2013
Alabama-based alternatives asset management firm Harbert Management Corporation has raised €110m for its Harbert European Real Estate Fund III fund. The firm is expected to close fundraising for the vehicle later this year.
2 min read · 15 January 2013
Kirk Dizon, co-head of private equity at Hall Capital Partners, talks about the tough decisions facing an advisor with roughly 1500 funds to choose from.
4 min read · 15 January 2013
Bad memories of structured investment vehicles and a pricing mismatch between the underlying loans and the margins investors were demanding are said to have ultimately derailed the bank’s efforts to securitise £1.5bn of PFI loans.
2 min read · 15 January 2013
The $150bn pension will consider more opportunities for internal management of investment assets as it looks for ways to cut costs.
2 min read · 15 January 2013
The hedge fund manager plans to expand into mezzanine investing with a fund targeting high growth companies in India.
2 min read · 15 January 2013
The hedge fund manager plans to expand into mezzanine investing with a fund targeting high growth companies in India.
2 min read · 15 January 2013
At a media gathering today, Macquarie Infrastructure Partners Chief Executive Chris Leslie said the US has plenty of reasons to be optimistic about private investment in infrastructure, even as obstacles remain to the market’s development.
3 min read · 15 January 2013
KKR's new head of real estate Ralph Rosenberg and chief administration officer Todd Fisher talk PERE through the buyout titan's plans for the asset class.
10 min read · 15 January 2013
