The fundraising market has collapsed since September. Now funds must change strategy to tap the new money emerging from institutional investors. Michael Kapoor reports.
9 min read · 08 February 2013
A summary of infrastructure news from around the world
5 min read · 08 February 2013
No one agrees on the most influential investors in global infrastructure, but there are many strong contenders. Here’s our pick, after asking around the industry.
6 min read · 08 February 2013
The European development finance institution has committed to funds from two Central European mezzanine specialists: Mezzanine Management and Syntaxis. It has also approved a €20m commitment to a special situations fund.
2 min read · 08 February 2013
The Finnish private equity firm’s life sciences head, Jan Lundahl, has resigned seven years after he joined the firm.
1 min read · 08 February 2013
The mega-buyout firm, which has been struggling with some of its larger portfolio companies in the financial crisis, is offering a 51% premium to Legacy Reserves’ unitholders over the average closing price of the units over the last 30 days.
2 min read · 08 February 2013
The Africa-focused firm has acquired 25% of an insurance and banking group in the Cote d’Ivoire in a deal worth just under $50m. ECP is currently raising its third pan-African fund with a target of $1bn.
2 min read · 08 February 2013
The Indonesian Infrastructure Financing Facility will provide financial assistance in the form of long-dated debt instruments, equity or guarantees for infrastructure projects in the country.
2 min read · 08 February 2013
Leverkusen-based TMD Friction, which for six years was owned by UK buyout firm Montagu Private Equity, has now been bought out of bankruptcy by UK-based asset management firm Pamplona, saving 3,800 jobs.
1 min read · 08 February 2013
CapDyn’s choice to acquire HRJ expands its products, while helping the fund of funds out of hot water, writes Amanda Janis.
3 min read · 08 February 2013