The recommendations come as the region finds itself with rising infrastructure investment needs and limited public capital resources to meet them. Private finance initiatives, a type of PPP financing arrangement, have so far only accounted for 1 percent of the UKs total spend on such projects.
2 min read · 22 January 2013
The US firm says Peru offers opportunities to develop residential, retail and office property and is one of the fastest growing real estate development markets in the world. It has hired a Lima-based former financial advisor.
1 min read · 22 January 2013
Canada’s retirement system is fuelling property investment abroad despite the credit crunch, with lowly-geared pension funds looking to pick up bargains in Europe, according to a report.
2 min read · 22 January 2013
American International Group will retain core business lines while entertaining the divestiture of all remaining units. The embattled insurance company plans to sell as many assets as necessary to repay its $85bn loan from the US government.
2 min read · 22 January 2013
As the fundraising market dips, mega-firms may have all the more reason to seek permanent capital bases with a public float, writes Matt Levin.
2 min read · 22 January 2013
The publicly listed fund, which almost exclusively invests in HarbourVest Partners' funds of funds, has experienced high returns on older funds formed in 1998, 1999 and 2001.
2 min read · 22 January 2013
The Indian infrastructure-focused firm had to delay the final close for five months pending regulatory approval. It recently announced the first investment from the vehicle, in Indian wind turbine manufacturer SE Forge.
1 min read · 22 January 2013
The US firm has appointed a head of client services based in its Tokyo office. Akira Nishimura is joining the firm from Credit Suisse.
1 min read · 22 January 2013
The Beverly Hills, California-based real estate investment firm is investing in the San Jose, California multifamily market, an area it says has strong rental growth profiles for residential property.
1 min read · 22 January 2013
The US Senate has approved the $700bn financial bail-out plan allowing the US Treasury to buy distressed assets in the form of securities backed by home mortgages. The US House of Representatives is expected to vote on the bill Friday.
2 min read · 22 January 2013