Around 116 opportunistic funds were seeking to raise $109bn in capital as of August, according to Clerestory Capital Partners. By Q2, 47 funds targeting $35.5bn failed to come to market or were put on hold, particularly emerging market strategies.
2 min read · 08 February 2013
The $5.64bn infrastructure fund has made another investment in the natural gas sector, this time taking a 50% stake in Chesapeake Midstream Partners, a new gas gathering joint venture in the US.
2 min read · 08 February 2013
Sandwiched between China and India, Southeast Asia is fragmented, risky and often bypassed in favour of the more developed private equity markets of its enormous neighbours. But for investors with the right appetite, and managers with the right skill-set, the region presents a uniquely compelling investment case.
10 min read · 08 February 2013
The pension will not look for new commitments for a while as it takes time to monitor the state of the private equity industry.
2 min read · 08 February 2013
A group of shareholders in Builders FirstSource allege JLL Partners and Warburg Pincus want to enrich themselves at the expense of other shareholders.
4 min read · 08 February 2013
Hot on the heels of its $1.1bn fund close, credit-focused manager Oak Hill has added Alexandra Jung to co-head its European operations.
2 min read · 08 February 2013
Private equity infrastructure funds have long used different structures than their traditional private equity peers.The asset class provides some intriguing examples of the benefits and drawbacks of some innovative models, among them the open-end fund structure.
6 min read · 08 February 2013
The founder of Terra Firma predicted more pain for the buyout industry as neither banks nor financial sponsors are willing to ‘come clean about their mistakes’ made during the credit boom era.
2 min read · 08 February 2013
Temasek Holdings, in which Singapore’s finance ministry is the sole stakeholder, also booked a net profit of S$6bn, a threefold decrease from last year.
3 min read · 08 February 2013
The sovereign fund, whose portfolio recently recouped some of the value it had lost in the past fiscal year, has not made clear how its private equity investment strategy may shift.
2 min read · 08 February 2013
