The Swiss fund of funds investor, which is not a subsidiary to insurance giant AIG, has sold stakes in Avista and Sun Capital at a discount of nearly $7m.
2 min read · 12 January 2013
The UK-based private equity firm had a total negative return of £182m for the first half of 2008, due in part to £411m in write-downs and an £87m drop in value of its quoted portfolio. Its buyout and infrastructure businesses produced positive returns.
2 min read · 12 January 2013
The $147bn pension has responded to the denominator effect by increasing the amount it is allowed to invest in private equity to 15% of total assets. CalSTRS has similarly bumped its real estate allocation.
3 min read · 12 January 2013
The $147bn pension has responded to the denominator effect by increasing the amount it is allowed to invest in private equity to 15% of total assets. CalSTRS has similarly bumped its real estate allocation.
3 min read · 12 January 2013
Though the results reflect a slowed investment pace constrained by bank lending, the listed infrastructure fund headlined £50.3m in profits. Managing partner Michael Queen said 3i Infrastructure wants to be part of a Gatwick Airport deal.
2 min read · 12 January 2013
The San Francisco- and Hong Kong-based firm has closed its second fund $100m higher than its initial target, but slightly shy of the $1bn close anticipated. The fund will focus on fund investments in China, Japan, Korea and India.
2 min read · 12 January 2013
Though the results reflect a slowed investment pace constrained by bank lending, the listed infrastructure fund headlined £50.3m in profits. Managing partner Michael Queen said 3i Infrastructure wants to be part of a Gatwick Airport deal.
2 min read · 12 January 2013
The San Francisco- and Hong Kong-based firm has closed its second fund $100m higher than its initial target, but slightly shy of the $1bn close anticipated. The fund will focus on fund investments in China, Japan, Korea and India.
2 min read · 12 January 2013
China vets foreign institutions, suspends IPOs * Malaysia welcomes overseas venture investors * China Investment Corp to raise stake in Blackstone
3 min read · 12 January 2013
JPMorgan doubles PE investments in India * GIC turns to private equity
2 min read · 12 January 2013
