The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
2 min read · 12 January 2013
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
2 min read · 12 January 2013
Oivind Lorentzen and Jan Naess, who control investment manager and ship agency Northern Navigation, have closed the company’s debut shipping fund. Northern previously invested in six private equity shipping funds totaling $350m through a joint venture with a German bank.
2 min read · 12 January 2013
Azure Capital Partners, Crosspoint Venture Partners, GRP Partners and others had invested roughly $270m in the online payment system since 2001.
2 min read · 12 January 2013
Every PIPE is different, but today's disasters bear an important resemblance to the tech PIPEs of yesteryear, writes David Snow.
2 min read · 12 January 2013
American International Group will retain core business lines while entertaining the divestiture of all remaining units. The embattled insurance company plans to sell as many assets as necessary to repay its $85bn loan from the US government.
2 min read · 12 January 2013
Shanghai opens gates to foreign investors * Lone Star may sue Korean government * Bohai to clinch Xugong deal
3 min read · 12 January 2013
Report: JPMorgan execs line up Indonesian fund * Nexus in India venture push * Chinese billions in TPG fund * Anchorage Capital sees first close for debut fund * Temasek doubles annual profit * Direct Capital to launch NZ$350m fund * Sequoia Capital India raises $725m * Advent bets on Japan * Blackstone gets $100m from Cathay
6 min read · 12 January 2013
KKR appoints Japan advisor * Pantheon hires three for Asia * Cinven hires in Hong Kong * Deshpande quits ICICI Venture * Morgan Stanley appoints infrastructure head * AIG hires in Japan and Hong Kong * Babcock & Brown chairman and CEO give in * Battery Ventures expands Israel team, to set shop in India * Olympus Capital sets up Indian team
7 min read · 12 January 2013
With the outlook gloomy for global markets, the sun is shining on Nordic private equity funds as they continue to attract capital at a healthy rate. Toby Mitchenall finds out why investors look favourably on the region, even in the dark times.
6 min read · 12 January 2013