The industrial real estate specialist has closed its second fund. The value-added vehicle will target North American assets in large industrial markets.
1 min read · 21 January 2013
The buyout industry has been incapable of ‘using leverage sensibly’ and must support restrictions on excess LBO debt, argued Hugh MacArthur, global head of Bain & Co’s private equity practice.
2 min read · 21 January 2013
The annual property show in Cannes is renowned for its use of yachts as the places on which to do business. Falling delegate numbers have not impacted demand. Among the firms renting yachts this year are Aberdeen Property Investors, RREEF and Cushman & Wakefield.
2 min read · 21 January 2013
Investor sentiment is on the decline as the region suffers from a decline in petro dollar surpluses coupled with the wider global economic turmoil.
2 min read · 21 January 2013
The fourth PPP road project in the Canadian province would bring the road encircling its largest city 25 kilometers closer to completion. A final southwest portion of the road requires a land purchase from a neighboring first nation but is expected to be completed by 2015.
2 min read · 21 January 2013
Hong Kong-based CITIC Capital is reportedly in talks with China's national pension fund and the China Development Bank to set up a buyout and a venture fund.
2 min read · 21 January 2013
Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 21 January 2013
Standardising reporting and valuation methods are key drivers of the IVCA's move to adopt voluntary guidelines for the Indian private equity industry. At present, each LP in a fund has different guidelines for reporting.
2 min read · 21 January 2013
Asia-focused GPs face a year of working intensely with their investors, according to industry consultant and former CalPERS real estate investment officer Mike McCook. He warned delegates at the 2009 PERE Forum in Hong Kong to maintain constant dialogue with LPs.
1 min read · 21 January 2013
It’s yet another sign that the balance of power has shifted to LPs from GPs – at least one new US fund is being structured whereby the capital commitment of the GP is subordinated to that of the LP.
2 min read · 21 January 2013
