The Blackstone Advisory Services vice chairman has slated Japan to be the best performing major industrialised market. The prediction sparked plenty of reaction. Interview by Jonathan Brasse.
2 min read · 24 January 2013
Proposed EU regulations covering the private equity industry have received more 1,000 demands for amendments by MEPs.
2 min read · 24 January 2013
The German multiservice group said earlier this week that it plans to go ahead with an IPO of its Australian business – which includes construction units Abigroup and Baulderstone. Bilfinger Berger hopes to list its Australian subsidiary during the first half of this year, in a deal that could net the company up to A$1.5bn.
1 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
Yield-driven investors are cautioned against ignoring the asset class’ weak fundamentals, amid rising concern ‘another pricing bubble is building’.
2 min read · 24 January 2013
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
Landlords on course to win the day over rules that would have forced them to exclude property values and rental incomes from their balance sheets and income statements.
1 min read · 24 January 2013
