With LP defaults becoming a more common occurrence, GPs need to understand all the implications for the management company, the fund and other investors. Jennifer Harris explores the issues
9 min read · 08 February 2013
As the economic crisis tightens its grip on Europe's largest economy, and lenders remain on the sidelines, mid-market private equity investors are pointing to reasons for optimism. Where else, they ask, can German businesses turn to for funding in this time of need? In June, Philip Borel travelled to Munich to quiz four leading professionals about the way forward for their industry – and found them in a buoyant mood.
10 min read · 08 February 2013
Tagg Romney, son of former US presidential candidate Mitt Romney, is closing in on his first private equity fund
2 min read · 08 February 2013
William Fitzgerald, a former chief investment officer for Nuveen Asset Management’s municipal bond business, sees an attractive opportunity for mezzanine debt and secondary senior debt investment in the infrastructure sector.
3 min read · 08 February 2013
The European Bank for Reconstruction and Development (EBRD) has proposed a €75 million commitment to Chicago-based Heitman’s European Property Partners IV fund. The vehicle is targeting €600m of equity by its final close in September.
1 min read · 08 February 2013
This month saw two direct investments in the City of London by Middle Eastern investors better known for making third party investments into blind pool, discretionary funds. PERE spoke with the agent behind these deals about their wind change in investment priorities.
2 min read · 08 February 2013
The mid-market firm, established by Robert Bass in the 1980s, secured the backing of major pension investors for its latest investment vehicle.
1 min read · 08 February 2013
The cash infusion will help Goodman meet liabilities this year. The Australian property group says the agreement with CIC also envisages the pair working on a broader strategic relationship.
2 min read · 08 February 2013
The European and Asian Special Situations fund has up to $300m in capital soft-circled and is targeting a first close this June.
1 min read · 08 February 2013
The Boston buyout firm may allow LPs in a private credit-opportunity fund to cancel participation if they agree instead to a planned $300m listed credit vehicle.
2 min read · 08 February 2013
