The Blackstone Group and Hong Kong-based VXL Capital have adjusted the size of a mainland development that Blackstone is acquiring and have altered the price and size of the stake being purchased.
1 min read · 22 January 2013
The London-based financial services group is hoping to tap the UK, United Arab Emirates and investors from the wider Gulf region to target property in Abu Dhabi.
1 min read · 22 January 2013
The size of the infrastructure opportunity is almost unfathomable. It is screaming out for private investors.
2 min read · 22 January 2013
Real estate investors and lenders are expected to target US coastal centres, such as San Francisco and Seattle, as capital continues to flow away from secondary and tertiary markets, according to a report by the Urban Land Institute and PricewaterhouseCoopers.
1 min read · 22 January 2013
Blackstone infrastructure co-head Trent Vichie and Chris Leslie, CEO of Macquarie Infrastructure Partners, say only a fraction of what's needed for infrastructure investment worlwide has been raised by private funds. Meanwhile CVC’s infrastructure chief, Stephen Vineburg, also speaking at PEI’s Infrastructure Forum in New York, said infrastructure investing has reached a third stage in development.
2 min read · 22 January 2013
Sohil Chand, formerly with Goldman's Asian special situations team, will be responsible for making growth equity investments in Indian companies.
2 min read · 22 January 2013
Some US officials are pushing for the introduction of public private partnerships to create permanent funding sources for transportation projects. California, New Mexico and Texas are among the states that say they need private funds.
3 min read · 22 January 2013
In light of Duke Street’s recent run in with the UK Pensions Regulator, buyout firms face the prospect of being forced to make up pension shortfalls, write Richard Garvan and Andrew Patten.
3 min read · 22 January 2013
The former vice president of Credit Suisse’s private equity operations, James Lambright – a specialist in real estate transactions – has been named the interim CIO of the US’ $700bn asset recovery programme.
2 min read · 22 January 2013
Goldman Sachs, Coller Capital and Lexington Partners are reportedly among the groups considering bids for Lehman Brothers’ investments in US and European private equity funds.
1 min read · 22 January 2013