Following the departure of its German head earlier this year, the financial services-focused private equity firm is parting company with Ravi Sinha, who is replaced by Flowers’ Australia head David Morgan. The firm has also recruited a former UK regulatory boss.
2 min read · 21 January 2013
The London-based manager is reportedly buying 13 logistics and manufacturing units from Royal Bank of Scotland for £27m. It comes as Rockspring holds a £152m first close on its UK Value Fund.
2 min read · 21 January 2013
The new owner designate of London Gatwick Airport has announced that David Rowlands, a former head of Britain’s Department for Transport, is to chair the company from December.
1 min read · 21 January 2013
Blackstone, Centerbridge and Welsh Carson will not see commitments from New Jersey yanked following revelations that the firms unwittingly broke campaign donation rules.
3 min read · 21 January 2013
In 2009, Americans have received warning after warning that their governments face alternatively a ‘decade of debt’ or a ‘lost decade’ due to massive, painful and protracted budget deficits that are here to stay. Opportunities are abound for infrastructure investors – but so are the pitfalls.
5 min read · 21 January 2013
BlackRock’s European and UK Property Funds of Funds will now be managed by Aviva, after the firm poached BlackRock’s former head of real estate funds of funds, John Gellatly. The decision was to ensure ‘continuity’ for unitholders, the firms said.
2 min read · 21 January 2013
Royalton Capital Investors II, a fund managed by a firm targeting investments in Central and Eastern Europe, has bought 93 percent of the shares in Cool Ar.
1 min read · 21 January 2013
The Massachusetts Mutual Life Insurance affiliate has purchased the European RE platform from Smedvig Capital in a deal which results in a 58% IRR and an equity multiple of 6.2x for the London-based private equity firm.
2 min read · 21 January 2013
Unite Group, the London and Bristol-based student accommodation investor and fund manager, registers an uptake in capital commitments from institutions.
1 min read · 21 January 2013
Pending a review of its policies by Governor-elect Chris Christie, the state will not make any new commitments to its alternative investment programme.
3 min read · 21 January 2013