Kohlberg Kravis Roberts is hoping to create a new paradigm for investing in infrastructure. Part of its ‘toolkit’ involves people with experience in crackers – but not the RJR Nabisco kind. Cezary Podkul caught up with infrastructure pointmen Marc Lipschultz and Raj Agrawal to find out more
4 min read · 24 January 2013
The Boston-based firm has held a final close on its latest vehicle, which was originally targeting $6bn.
2 min read · 24 January 2013
Portfolio company Intrawest has sold the Panorama Mountain Village, one week after reports creditors were organising an auction of assets in February.
2 min read · 24 January 2013
Invesco and Oaktree have secured commitments from the $126bn New York State Common Retirement Fund. The pension also committed $160m to four private equity funds.
2 min read · 24 January 2013
Roughly 60 commingled property vehicles closed on commitments last year, raising $30.4bn – a 66% reduction from the peak of 2007. More than a third of all funds closed were targeting Europe.
2 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
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
David Snow ponders what a proposed US banking rule would mean for captive private equity and private equity real estate firms.
3 min read · 24 January 2013
The Candy brothers’ prime central London residential property fund that only launched in November, seeking £50m of equity, has been ditched during the pre-marketing phase
1 min read · 24 January 2013
The Hong Kong-based firm's focus on Dubai continues with the launch of a fund to 'support sustainable businesses connected to Dubai as a trading, logistical and financial centre'. The fund will target hospitality.
2 min read · 24 January 2013
