Last year, in one of the toughest fundraising environments ever, GPs raised only $30bn in capital. 2010 could be just as difficult – especially if more investors opt out of the commingled fund model.
2 min read · 24 January 2013
US and international accounting boards are still striving to reach a unified set of accounting standards in 2010 – which will likely mean more headaches for CFOs.
3 min read · 24 January 2013
The US alternatives firm has returned to investment mode after a ‘disciplined’ 2007 and 2008
1 min read · 24 January 2013
The placement firm said it is building its bench in anticipation of a private equity fundraising recovery in 2010.
1 min read · 24 January 2013
The bank is reportedly hiring people for the real estate funds group ahead of further capital raisings. PERE first revealed in December how BoA shelved plans to exit the management of its Asia real estate funds platform.
2 min read · 24 January 2013
KKR’s £955m bid beat out TPG, Apax and Bain in the chase for Pets at Home, the UK retailer whose jobs and revenue growth have soared under Bridgepoint’s ownership.
2 min read · 24 January 2013
After acquiring Lehman Brothers’ two real estate mezzanine funds in December, PCCP said it will look to take over other debt vehicles.
1 min read · 24 January 2013
However a survey of alternative investment professionals shows four in 10 don’t expect returns to top 10% this year.
2 min read · 24 January 2013
The Washington D.C. firm says it has acquired two mixed use buildings in Paris from a French social security agency
1 min read · 24 January 2013
GPs should charge fees on invested, rather than committed capital, with management fees calculated on equity capital or NAVs, report warns.
2 min read · 24 January 2013
