A debate is dividing the infrastructure community as to whether the $2.5bn Midway Airport deal fell apart because of bad timing or poor decision-making. Cezary Podkul weighs up the arguments.
10 min read · 08 February 2013
Bernard Sheahan is the man behind the IFC’s new Infrastructure Crisis Facility: a $10bn pot of money that could lend to your project or invest in your next infrastructure fund. Cezary Podkul asked him about his vision for the facility, how investors can get access to it, and why it is of such critical importance at the current time
10 min read · 08 February 2013
Pennsylvania said the recession and credit crisis upended the bidding process, which will resume when financial market conditions improve. In the meanwhile, $25m of commonwealth funds will be used to make the project more attractive to the private sector.
2 min read · 08 February 2013
After a busy month spent whizzing across New York from one industry gathering to the next, Cezary Podkul reports back with his Top 10 insights into the key trends in infrastructure
6 min read · 08 February 2013
The New York-based private equity real estate firm, led by former Warburg Pincus executive Reuben Leibowitz, has joined forces with Carl Mulac to create Joseph Carl Homes targeting distressed infill land deals in Phoenix.
2 min read · 08 February 2013
The Los Angeles-based turnaround firm will operate Delphi out of bankruptcy. General Motors, which filed for bankruptcy Monday, will take over certain Delphi plants and provide the company with $250m in bankruptcy financing.
2 min read · 08 February 2013
Aberdeen Property Investors raised just half its target for its second Asia fund of funds. The firm is now playing defence as it tries to ensure the capital is invested wisely, including keeping a 'reserve' to address future risks. PERE June 2009
2 min read · 08 February 2013
Managing a private fund has gotten so tricky that one UK property company has gone public to avoid the headaches of dealing with LPs. PERE June 2009
3 min read · 08 February 2013
Citi Property Investors has seen the departure of another seasoned professional – global head of marketing and client relations John Bottomley. Bottomley has joined New York's Rockefeller Group. PERE June 2009
2 min read · 08 February 2013
The exodus of foreign GPs from Japan over the last few months shows many have been unable to endure the wait required to see this notoriously tough private equity market fulfil its potential. However, not everyone there is faring badly – and the economic downturn may even be opening more doors for private equity. Emma Cusworth reports.
9 min read · 08 February 2013
