Girard Miller will be tasked with overseeing the Orange County Employees Retirement System’s $9.6bn portfolio as it implements a new asset allocation mix.
1 min read · 14 January 2013
The time for distressed investing in India has arrived, but investors on the whole are hesitating to take advantage of it.
3 min read · 14 January 2013
Andrew Bellis, a senior CLO manager at Credit Suisse, has joined 3i Debt Management as a partner in a further sign of the group’s ambitious growth plans.
2 min read · 14 January 2013
Joe Azelby, a one-time professional American football player, has built JPMorgan’s core US real estate platform into a global real assets business with $60 billion under management. In an interview with PERE, he explains why he is a fan of diversity, why investors need to change their attitude towards allocation and why he ultimately is glad that his football career was short. By Robin Marriott. PERE Magazine June 2012 issue.
10 min read · 15 January 2013
Northleaf Infrastructure Co-Investment Partners has amassed C$500m in capital. The fund is the debut infrastructure offering from private equity firm Northleaf Capital.
1 min read · 15 January 2013
The oversubscribed refinancing involved 17 ‘existing and new relationship banks’ from the UK, Continental Europe, the US, Canada and Australia. The new debt facilities have a five-year tenor and carry margins of between 150bps and 225bps.
2 min read · 15 January 2013
The European buyout shop has agreed to another deal through its fourth flagship fund as it tries to raise €6.5bn on Fund V.
2 min read · 14 January 2013
Cerberus acquired Guilford Mills for $107m in 2004, less than two years after the company emerged from bankruptcy.
2 min read · 14 January 2013
The private equity-backed investment arm of India-based Hero Group intends to merge with fellow group subsidiary, Hero MotoCorp.
2 min read · 14 January 2013
The industry trade organisation has directed around $80,000 to politicians with influence on Congressional committees considering legislation that would affect private equity.
4 min read · 14 January 2013