A survey conducted at PEI Media’s annual CFO and COO Forum in New York also revealed that one in 10 firms have recently experienced a defaulting limited partner.
1 min read · 21 January 2013
A Bilfinger Berger-led consortium was awarded the contract to design, build, finance and operate an 11km section of the country’s M80 motorway.
1 min read · 21 January 2013
The firm says it has raised equity from investors for deployment across the country.
1 min read · 21 January 2013
The New York-based private equity firm is reportedly on the brink of making up to 27 of its 275 employees redundant.
1 min read · 21 January 2013
A $6bn fund targeting financial services closed last year will downsize to $4.5bn in commitments. TPG is telling investors an influx of US government rescue cash to the sector has diminished opportunities.
2 min read · 21 January 2013
Dubai World-owned Istithmar World has reduced its staff by 13 in a bid to address existing market conditions. The investment firm is split into four units, including a private equity and a real estate arm. It has deployed more than $3bn since 2003.
2 min read · 21 January 2013
The Mumbai-based fund manager has closed on $150 million for its latest property fund, in which 3i is a key investor. The fund will invest in Tier 1 cities in India.
1 min read · 21 January 2013
Britain says that the original plan to infuse the battered banking industry has proved to be insufficient. Among new schemes is a £50bn fund enabling the Bank of England to buy up troubled financial assets such as syndicated loans.
3 min read · 21 January 2013
The Toronto Stock Exchange-traded alternative asset manager has reduced the final target for its buyout fund to $4bn from $4.5bn, but can increase its commitment in the future.
1 min read · 21 January 2013
The $63.9bn US pension fund said it was planning to pull back on a proposed $150m commitment to Morgan Stanley’s $10bn global fund, blaming declining property prices and increasing debt opportunities. The fund is also looking to withhold a $100m planned commitment to an AEW open-ended fund.
2 min read · 21 January 2013
