The next era for the private equity industry will see leading firms focusing on enhanced client services and shoring up investments and their investor base, rather than pursuing new mega-deals, says Jack Klinck, executive vice president and global head for State Street Alternative Investment Solutions.
6 min read · 08 February 2013
HarbourVest Partners, the Boston-based mainstay of private equity, has witnessed some major ups and downs in almost three decades of involvement in the asset class. Brooks Zug (above), Martha Vorlicek (right) and John Toomey (above right) met with Christopher Witkowsky to explain the firm's philosophy, its views on terms and conditions, and its belief that a scaled-down industry means scaled-up returns
10 min read · 08 February 2013
Bob Stefanowski heads 3i's global financial services sector team. Prior to joining 3i, he spent 15 years with General Electric Capital. In addition to his sector role, he sits on the 3i Group plc management committee and is chairman and managing partner, 3i North America & 3i Asia. PEI sought Stefanowski's views on the financial services opportunity today
3 min read · 08 February 2013
Junior lenders have been forced to appreciate the difference between US and UK bankruptcies
2 min read · 08 February 2013
The world this month 2009-09-01 Staff Writer <strong>PLACEMENT BAN PROPOSED</strong><br> The US Securities and Exchange Commission has unveiled proposed rules that would, among other restrictions, ban private equity firms from hiring placement agents to raise money from public pensions. Th
5 min read · 08 February 2013
Things can only get better 2009-09-01 Staff Writer As we head into the closing months of the year, most private equity market players are possessed of something that didn't exist in the spring – hope.<br> <br> As you'll read in our September issue, it is hard to find anyone who believes that we
2 min read · 08 February 2013
The Chicago Transit Authority, the second largest mass transit agency in the US, is looking for private sector partners to fund capital expenditures for an open fare payment system for its 2,222 buses and 8 subway lines. The winning bidder may be given the exclusive right to collect money from the CTA’s 500,000 annual patrons.
2 min read · 08 February 2013
Indications are that African risk continues to be overrated and experienced investors will be able to lock in superior risk-adjusted returns. By Alasdair Maclay
8 min read · 08 February 2013
Africa has an enormous need for infrastructure projects. But investors say deals still take too long to get off the ground, and too long to complete – and it’s not the credit crunch they blame. Philip Borel reports.
6 min read · 08 February 2013
Internet traffic is growing rapidly, and so is the need to store data in safe, reliable places. A UK-based fund manager is pursuing an investment strategy based on the trend. Philip Borel reports
5 min read · 08 February 2013