The Hong Kong-based private equity real estate firm has opted to finish capital raising before reaching its original $500 million target in order to focus its efforts on taking advantage of current, attractive market conditions, particularly in China.
2 min read · 15 January 2013
CFO Jonathan Schmugge and general counsel Martin Auerbach are two of the four professionals named senior managing director-partner. The promotions come as Z Capital targets $500m for its second special situations fund.
2 min read · 14 January 2013
With its unusual deal sourcing model and its willingness to back entrepreneurs throughout the cycle, US-based growth investor Summit Partners continues to plough a profitable furrow in a crowded segment, writes Christopher Witkowsky
10 min read · 14 January 2013
The firm, in which TPG Capital owns a 5% stake, beat its $800m target and closed on $997m. The fund is one of a number of distressed vehicles focusing on opportunities in both the US and Europe.
2 min read · 14 January 2013
As the exit market continues to be challenging, dividend recaps remain a tempting exit option for private equity firms. Loan volume for dividend recaps is now the highest since 2007, according to research.
4 min read · 14 January 2013
Longtime Sankaty LP University of Michigan has committed $40m to the Bain credit affiliate’s latest offering, which is targeting $3.5bn.
2 min read · 14 January 2013
A second Ferrovial and Sacyr-managed concession – the AP36 Ocana-La Roda – has gone bust, following last month's bankruptcy of Madrid's R4 ring road. It is the third Spanish road to start Chapter 11 proceedings.
2 min read · 15 January 2013
The pension has approved a $90m commitment to GSO Capital Solutions II, which will provide capital to companies need financial support.
2 min read · 14 January 2013
Following the record $13.3bn close for its global real estate opportunity fund, the New York-based private equity and real estate giant is now targeting another major real estate capital raise, this time in the debt arena.
3 min read · 15 January 2013
London-based Longbow Real Estate Capital has begun marketing its latest UK real estate debt vehicle having hired Threadmark as placement agents.
2 min read · 15 January 2013
