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
The private equity firms are investing in Chinese education services provider Ambow Education as China’s education industry continues to grow.
2 min read · 22 January 2013
The Alaska Permanent Fund has brought on former Microsoft executive Jeffrey Scott to manage the $30bn state investment fund. The fund allocates 10 percent, around $4bn, of its pension pot to real estate.
1 min read · 22 January 2013
The world's largest owner of infrastructure assets will now raise third-party capital to back infrastructure GPs around the globe.
2 min read · 22 January 2013
The public pension has committed to Carlyle’s fourth Asian growth fund, Welsh Carson’s 11th buyout fund, First Reserve’s 12th energy fund and Clessidra's second Italy-focused fund. Together these four funds are targeting more than $22bn.
2 min read · 22 January 2013
Market conditions worldwide are darkening, but the infrastructure asset class will likely be among the first to see the sun, writes Cezary Podkul.
2 min read · 22 January 2013
A report from Moody's Corporate Finance reveals an increase in private equity-backed companies that are electing to use their payment-in-kind option to make interest payments.
2 min read · 22 January 2013
The placement agent has moved Franklyn Chang from its Connecticut office and hired former UBS placement agent Christophe Pietersen and Stephanie Brendel, previously with Bear Stearns.
1 min read · 22 January 2013
Marking the latest step in its ongoing strategic review process, the Australian fund manager will add more independent directors to the boards of its satellite funds and alter the structure of its fee income as manager.
2 min read · 22 January 2013
The placement agent has moved Franklyn Chang from its Connecticut office and hired former UBS placement agent Christophe Pietersen and Stephanie Brendel, previously with Bear Stearns.
1 min read · 22 January 2013