Attend any private equity real estate conference of late and every delegate will tell you the industry is at an inflection point. The collapse of the credit markets has made most deals difficult to close. Investors are reassessing their portfolios. Many now predict a shakeout of managers as the proverbial chaff is separated from the wheat. And, most importantly perhaps, the geographic focus of many real estate investors, including those using private equity fund structures, is undergoing a fundamental shift.
2 min read · 31 January 2013
Apria Healthcare Group, which has 550 branches, has also secured a $280m credit facility in conjunction with the take-private, a positive sign for for the leveraged buyout world as healthcare continues to be a favored target.
1 min read · 22 January 2013
As political scrutiny of private equity intensifies in Europe, EVCA has appointed Jonathan Russell, buyout chief of FTSE 100-listed 3i, to its chair this year. The executive is accustomed to the glare of the public spotlight.
2 min read · 22 January 2013
The private equity firm launched by former Grubb and Ellis chairman Anthony Thompson hires ex-Renaissance Senior Living exec Lauri Schutz as the fund’s chief financial officer.
1 min read · 22 January 2013
The two firms have launched a private equity infrastructure fund for in the gas transportation, power generation and railways sectors in emerging markets globally.
2 min read · 22 January 2013
US firm Prudential Real Estate Investors (PREI) has expanded its investment relationship with partner Beekman Helix India Partners by establishing a joint private equity real estate platform, Pramerica BHI India.
1 min read · 22 January 2013
Olivier Lecler has been appointed CEO of Société Générale Asset Management’s alternative investment platform.
1 min read · 22 January 2013
A second report this month has suggested there is continued appetite for Asia real estate but that tougher financing conditions prevail amid the credit crunch.
2 min read · 22 January 2013
Private equity firms must better voice the benefit of their activities to pensioners in order to combat assaults by unions, such as the US’ SEIU, New Mountain Capital managing director Michael Flaherman told the PEI Investor Relations and Communications Forum in New York today.
2 min read · 22 January 2013
US House Ways and Means Committee chairman Charles Rangel has again introduced a bill that would attempt to tax carried interest as personal income after dropping an identical provision last December.
2 min read · 22 January 2013
