Capstone will pay off debt using cash generated from its sale of 20% of Bristol Water. The UK water utility marked the first-ever non-energy Capstone investment.
1 min read · 15 January 2013
The Blackstone Group’s ‘tactical opportunities’ business is targeting $3bn to $5bn, which will be raised through the formation of separate, customised accounts with limited partners.
3 min read · 14 January 2013
The firm has formed a $600m customised account with a large pension system, and could launch its next flagship buyout fund later this year, according to firm president Marc Spilker.
2 min read · 14 January 2013
The $24.7bn pension system will issue separate requests-for-proposals for an alternatives consultant and a real estate consultant, with plans to award new contracts by the end of the year.
2 min read · 14 January 2013
This year’s ranking of the largest private equity firms in Asia-Pacific reveals two newcomers in the top five, underscoring the region’s changing dynamics and growth. PE Asia takes a closer look at the top five GPs on the fundraising charts
5 min read · 14 January 2013
As China and India absorb large capital flows, investors are willing to explore new opportunities in Southeast Asia, with Indonesia and Vietnam at the top of the list
2 min read · 14 January 2013
Scott Hahn spent his entire working life at Morgan Stanley, where he built an impressive investment track record. Since leading a 2010 spin-out, he’s been bringing that prior experience to bear in Korea, which many investors consider more tricky than attractive. The co-founder of Hahn & Co talks to Drew Wilson about his firm’s edge in this misunderstood market
9 min read · 14 January 2013
Most of the legacy real estate fund businesses sponsored by financial institutions have disappeared from this year’s PERE 30 ranking, while strategic shifts and large older vintage funds do not bode well for the remaining bank-sponsored platforms.
3 min read · 15 January 2013
Fusion Capital, led by chairman Phil Goodwin, has a flexible mandate that allows for broad changes in strategy to accommodate the fluid marketplace.
3 min read · 14 January 2013
The firm's initial public offering debuted at $22 per share, below its low-end expectation of $23 per share. The firm raised $671m in the offering.
2 min read · 14 January 2013