Uncertainty over general partners' ability to draw down capital is yet another unforeseen problem the market crisis has created
3 min read · 08 February 2013
The Middle Eastern banks have suffered ratings cuts due to concerns over high leverage, a strain on liquidity and an expected fall in the value of the firms' private equity and real estate investments.
2 min read · 08 February 2013
Cezary Podkul looks at how the US stimulus bill will impact the upcoming debate on infrastructure spending.
2 min read · 08 February 2013
A survey of 30 European private equity professionals reveals that more than half of respondents expect to restructure one or more of their portfolio companies in the next 12 months.
3 min read · 08 February 2013
As private equity write-downs proliferate, the secondaries market is providing much-needed cheer, writes Andy Thomson.
2 min read · 08 February 2013
Apollo founder Leon Black has expressed confidence in the more than $15bn in senior loans owned by his firm, saying the risk/reward profile of the investments remained highly attractive despite margin call headaches. Apollo closed its seventh buyout fund on $14.8bn in December.
2 min read · 08 February 2013
The investment in Digital Marketing Solutions follows an initial round of funding by IDG Ventures Vietnam and will help the company enhance its mobile and online advertising services.
2 min read · 08 February 2013
Profits in the fourth quarter for the New York-based firm, which manages more than $1tn in assets, were hit especially hard by hedge fund and real estate losses.
2 min read · 08 February 2013
Twenty-four toll road projects in the US have involved PPP-type arrangements, out of a total of 235 projects implemented since 1992. PPP approaches are being considered for another 24 toll road projects, according to a study published by the US Federal Highway Administration.
2 min read · 08 February 2013
Dubai World-owned Istithmar World has reduced its staff by 13 in a bid to address existing market conditions.
2 min read · 08 February 2013