The Equity Group Investments chairman warned large opportunity funds, such as MSREF and Whitehall, were too big and took too many risks, on the opening day of the spring ULI conference in Boston.
2 min read · 24 January 2013
The British Private Equity and Venture Capital Association (BVCA) is creating a body to ‘enhance’ understanding between investment firms and their investors.
2 min read · 24 January 2013
The mega-firm has hired a lobbyist to advocate against a proposed California law that would end payments to placement agents for successful fundraisings.
3 min read · 24 January 2013
The India-focused private equity and real estate firm's investment in Star Health and Allied Insurance is its maiden deal from India Advantage Fund Series 3.
2 min read · 24 January 2013
Hank Midgley will lead the firm’s investor relations and capital raising activities. He takes over from principal Kathryn Corro.
1 min read · 24 January 2013
PCCP has raised $105m for its $125m follow-on offering to a Lehman Brothers’ mezzanine vehicle it acquired last December, while Fortress is targeting $325m for a follow-on to a 2007 Florida co-investment vehicle.
2 min read · 24 January 2013
Research by Zurich-based asset management and advisory firm, Strategic Capital Management, shows limited partners pushed GPs over terms during the fundraising process in 2009. PERE Magazine, April 2010 issue.
3 min read · 24 January 2013
This week, when LPs – particularly the California Public Employees’ Retirement Systen – had something to say, GPs listened.
3 min read · 24 January 2013
Morgan Stanley Alternative Investment Partners raised $370 million for its latest secondaries vehicle – Morgan Stanley AIP Phoenix Global Real Estate Secondaries – 30 percent more than its original target. Joseph Stecher, head and chief investment officer of AIP real estate fund of funds, talks about the fundraise, the fund’s strategy and the “enduring” focus on NAVs.
3 min read · 24 January 2013
Federal investigators are looking into possible illegal payments made to influence investment decisions at US pensions, including to placement agents.
1 min read · 24 January 2013
