CVC, Hellman & Friedman, Welsh Carson, Advent and Actis are among the industry veterans to have won awards in the highly regarded Private Equity International Awards 2008.
2 min read · 21 January 2013
The publicly listed debt affiliate of Kohlberg Kravis Roberts has suspended its dividend to shareholders through 2009 as it tries to bolster its liquidity.
2 min read · 21 January 2013
David Moffett has stepped down after six months leaving the US mortgage giant scrambling for an interim replacement. Freddie Mac plans to request more than $30bn in additional capital from the US government after announcing its fourth quarter losses.
1 min read · 21 January 2013
LaSalle Investment Management won the coveted title in the 2008 Global PERE Awards. Read here for the other winners.
2 min read · 21 January 2013
Richard Cotton, a 13-year stalwart of real estate investment banking at JP Morgan Cazenove in London is leaving to join Greenwich-based Forum Partners.
1 min read · 21 January 2013
US firms that live in fear of registering as an investment advisor may find that it's not as painful as they thought – provided they are well prepared for random audits
4 min read · 21 January 2013
For MENA-based private equity funds, fundraising is no picnic, writes Jenny Blinch.
3 min read · 21 January 2013
The New York-based private equity firm’s latest fundraising efforts bring Blackstone’s total dry powder for private equity to $13bn. Reporting a $193.6m fourth quarter loss, Blackstone said it remains focused on investing in non-cyclical industries.
2 min read · 21 January 2013
One large institutional private equity real estate player has agreed to cut management fees on uncalled capital for its opportunistic vehicle to zero. It's not a solution for everyone though, a New York conference was told.
2 min read · 21 January 2013
The troubled UK lender will no longer provide long-term project finance loans with durations of more than 15 years but it will continue to make such loans of 'appropriate length', according to people familiar with the matter.
4 min read · 21 January 2013