As capital continues to flow into private equity real estate, GPs are gaining the upper hand in negotiating the terms of their fund documents—but that doesn't mean LPs are staying quiet. By Paul Fruchbom
10 min read · 12 January 2013
How long is long-term? As general partners raise, deploy and return capital faster than ever before, their investors may be in danger of getting used to private equity's new short-termism. Ken MacFadyen reports.
8 min read · 12 January 2013
Arif Naqvi, founder of Abraaj Capital, never intended to build a private equity business. Today, he presides over the largest such entity investing in the Middle East and North Africa. An eloquent spokesman for the asset class' importance in the Arab world, he recently shared his vision for the industry and the region with Philip Borel.
10 min read · 12 January 2013
Brad Greenspan, the former head of Myspace.com parent Intermix Media, is suing the company and its former VC backers, VantagePoint Venture Partners, claiming he was unjustly squeezed out.
3 min read · 12 January 2013
Michael Gross, a founding partner of New York-based Apollo Management, will step down from the firm to pursue an ‘entrepreneurial’ project.
2 min read · 12 January 2013
Before Steven Klinsky's New Mountain Capital makes an investment, it does a “deep dive” into the mass of data surrounding its industry of interest. This strategy mirrors Klinsky's own zeal for intelligence gathering and for making money from growth, not leverage. David Snow profiles one of Wall Street's smartest – and nicest – investors.
10 min read · 12 January 2013
Life as a listed private equity firm leaves you exposed to some unwelcome publicity – as 3i discovered when talk of it being a bid target surfaced in February.
7 min read · 12 January 2013
Mark Weisdorf, who took a Canadian pension from zero to $5 billion in private equity commitments, sees even bigger opportunities in infrastructure.
6 min read · 12 January 2013
Thanks to the surging profits of a nutrition supplement company, one of America's oldest private equity firms is still going strong.
6 min read · 12 January 2013
Private equity real estate firms add value—and earn their carry—by transforming property assets. PERE looks at three real-world examples. By Paul Fruchbom
10 min read · 12 January 2013
