Private equity firms are doing more in Europe than simply looking to buy loan portfolios from financial institutions – they want to buy whole banks. By Robin Marriott.
3 min read · 24 January 2013
The Oregon Investment Council chose this week to withhold a tentative, $400m commitment to the firm made alongside its original $400m pledge last year.
2 min read · 24 January 2013
The firm will reportedly pay $200m for a 40% stake in Sao Paulo-based Patria Investments, with which Blackstone has had a strategic alliance since 2004.
1 min read · 24 January 2013
Pramerica Real Estate Investors announced today it had sold its 80 percent stake in Hong Kong skyscraper PCCW Tower. The firm was thought to have been seeking an exit since 2008 but has now managed to garner “double digit” returns through a reported HK$3.2 billion sale to Swire Properties.
2 min read · 24 January 2013
The LP-focused industry group plans to issue guidelines for capital calls, distribution notices and portfolio company quarterly reports.
1 min read · 24 January 2013
In the build–up to the Marathon of Marathons on 31 Oct, we talk to some of those taking part. Here, Bjorn Tremmerie, a principal at the European Investment Fund, reveals his injury setback, talks of his determination to achieve a top-quartile finish – and reaches for a tulip bulb analogy
5 min read · 24 January 2013
Denver-based hotel and leisure investment firm KSL Capital Partners has hit the fundraising trail on its third fund, KSL Capital Partners III, for which it is aiming to attract $1.5bn in capital commitments.
1 min read · 24 January 2013
Veteran European fundraiser Elizabeth O’Reilly has left the French firm for KKR, as the listed giant continues to strengthen its IR team.
1 min read · 24 January 2013
Carlyle’s real estate fund invests equity alongside its buyout fund for the €480m purchase of B&B Hotel Group
2 min read · 24 January 2013
The private equity group has plans to create at least 4,000 beds in London in a joint venture with UK student accommodation operator Generation Estates.
2 min read · 24 January 2013
