Barack Obama wants to clamp down on bank-sponsored private equity funds. It could mark the end for such vehicles in the US. By Zoe Hughes
3 min read · 24 January 2013
Some professionals are still in the dark about the ILPA principles. If they plan to win the hearts and minds of LPs, they better find their reading lights – and fast.
3 min read · 24 January 2013
Simon Marriott, MGPA’s head of UK acquisitions jumps ship to join Oxford Properties, the real estate arm of the Canadian pension fund Ontario Municipal Employees Retirement System.
1 min read · 24 January 2013
The firm run by the former vice chairman of Morgan Stanley has agreed a joint-venture with Infinity Capital Partners of Atlanta, Georgia to invest up to $100m in the transportation sector. Assets from railcars and vessels to commercial real estate and credit card receivables will fall under the joint venture’s investment strategy.
1 min read · 24 January 2013
Convergence takes place among placement agents as a US firm forms a strategic alliance with a European firm, giving access to a wider investor base and a combined house with 60 staff
2 min read · 24 January 2013
Qatari Diar – fully owned by the emirate of Qatar – has become the second-largest shareholder in French construction company Vinci with a stake of between 5% and 8%. In exchange, Vinci acquires 100% of service provider Cegelec, which is set to add some €3bn in revenues to the French group.
1 min read · 24 January 2013
A $209m stalking horse offer to buy 134 senior living facilities is to be recommended to bankruptcy court. The deal would also include the assumption of $945m in debt. The SEC alleged Sunwest was a “virtual Ponzi scheme” in 2009.
2 min read · 24 January 2013
With just 48 hours until polls close, several tight races have emerged; including Rockwood and Starwood fighting for North America fund of the year, and Benson Elliot, Mountgrange and Orion in Europe fundraise of the year.
2 min read · 24 January 2013
The India-focused private equity real estate firm has appointed Raj Inamdar as a principal in charge of creating new business initiatives as it nears the launch of its second opportunity fund.
1 min read · 24 January 2013
The software and technology-focused private equity firm has carved out Intuit real estate business IRES.
1 min read · 24 January 2013
