Keeping the pending AIFM directive from hindering LP-GP relationships and global capital flows was chief among concerns discussed by PE insiders gathered in Geneva this week, writes Philip Borel.
3 min read · 24 January 2013
The Dallas-based private equity firm is poised to bring its stake in Korea Exchange Bank back to the market. It failed in its previous two attempts to exit the investment.
2 min read · 24 January 2013
A $325m loan secured against 575 Lexington Avenue has been handed over to Helios AMC as the Californian pension and partner, Silverstein Properties, tries to modify its debt and avoid default.
2 min read · 24 January 2013
The New York-based multifamily investment firm has appointed Edward Ratinoff as managing director as it looks to deploy more than $370m in dry powder.
1 min read · 24 January 2013
The private equity firm has failed on two previous attempts to sell its controversial 51% holding in the Korean bank.
2 min read · 24 January 2013
ILPA and the US Treasury are the latest to speak out on the adverse effects proposed legislation would have on Europe's private equity market.
2 min read · 24 January 2013
Both the US Treasury and the Institutional Limited Partners Association have written to key Euro officials about their 'real concerns' of the impacts of proposed EU regulations on US and European fund managers.
2 min read · 24 January 2013
Below is the full text of the Institutional Limited Partners Association's letter to EU internal market commissioner Michel Barnier.
7 min read · 24 January 2013
David Loglisci, one of the central figures in a wide-ranging pension pay-to-play scandal, said he was instructed by 'senior officials' to only approve investment managers given the okay by political operative Hank Morris.
3 min read · 24 January 2013
Hong Kong-based Gaw Capital Partners has raised approximately $200m for Gateway China Real Estate Fund III – its third vehicle. The fund has an overall equity target of $500m.
1 min read · 24 January 2013