The Korean buyout firm has acquired a 30.7% stake in BC Card and is looking to acquire a controlling stake in the company by the end of the year.
2 min read · 08 February 2013
HarbourVest Partners, the Boston-based mainstay of private equity, has witnessed some major ups and downs in almost three decades of involvement in the asset class. Brooks Zug (above), Martha Vorlicek (right) and John Toomey (above right) met with Christopher Witkowsky to explain the firm's philosophy, its views on terms and conditions, and its belief that a scaled-down industry means scaled-up returns
10 min read · 08 February 2013
The world this month 2009-09-01 Staff Writer <strong>PLACEMENT BAN PROPOSED</strong><br> The US Securities and Exchange Commission has unveiled proposed rules that would, among other restrictions, ban private equity firms from hiring placement agents to raise money from public pensions. Th
5 min read · 08 February 2013
Indications are that African risk continues to be overrated and experienced investors will be able to lock in superior risk-adjusted returns. By Alasdair Maclay
8 min read · 08 February 2013
Africa has an enormous need for infrastructure projects. But investors say deals still take too long to get off the ground, and too long to complete – and it’s not the credit crunch they blame. Philip Borel reports.
6 min read · 08 February 2013
The London-based property fund manager is reportedly targeting the British real estate market with its UK Value Fund. The firm has raised £90m to date.
1 min read · 08 February 2013
The $123.8bn California pension plan took a 50% write-down in its value-added/opportunistic real estate investments in the year to 31 March 2009. The pension has completely written off its equity in some funds, while others are currently reporting IRRs of more than -100%.
2 min read · 08 February 2013
The scarcity of lines of credit has hit the operations of small firms especially hard, and those without strong existing ties with banks will likely have to survive without credit sources until 2011.
3 min read · 08 February 2013
These 15 firms have the skills and strategies to dominate the real estate wasteland, say market insiders. PERE Magazine September 2009.
10 min read · 08 February 2013
PERE Magazine September 2009: Although it sits on a massive pile of dry powder, the world’s largest private equity real estate firm has directed its professionals to first spend their time deeply researching macro trends around the world, as well as briefing LPs about their findings. Jonathan Brasse recently interviewed the London-based team that spearheaded this back-to-school effort to learn how they believe the world has changed.
10 min read · 08 February 2013
