Limited partners think they can sidestep sagging private equity returns by constructing more concentrated portfolios. A survey suggests LPs will narrow GP relationships in 2011.
2 min read · 24 January 2013
Apax has reportedly beat out rival private equity consortiums to become the exclusive bidder on the world’s fourth-largest employer, which has grown considerably under private ownership.
2 min read · 24 January 2013
Carlyle's recent buyout of credit hedge fund Claren Road suggests the firm is diversifying revenues with more liquid instruments in advance of an anticipated IPO bid next year, writes Pete Gallo.
3 min read · 24 January 2013
With equity and debt investors concentrating on the country’s key metropolitan markets, fund managers could be missing out on potential deals in the middle of the US.
3 min read · 24 January 2013
Former Goldman exec Martin Chavez has co-founded New MainStream Capital, which has $250m to invest.
2 min read · 24 January 2013
PEI recently sat down with a panel of private equity LPs, including Michele Kinner of Quilvest, to get their insights into top issues in the industry.
10 min read · 24 January 2013
The Indian financial services firm will pay $171.5m for a majority stake in the private equity and real estate fund of funds manager. Religare bought a stake in multi-manager Northgate Capital earlier this year.
2 min read · 24 January 2013
The bifurcation of global real estate markets has seen the spread between prime and secondary property yields and cap rates widen by up to 400-450bp, with more LPs expected to target the sector in developed markets in 2011, according to ING REIM's latest outlook report.
2 min read · 24 January 2013
Money may be starting to flow back to limited partners, but those with younger private equity portfolios continue to feel the pinch.
3 min read · 24 January 2013
Mountgrange Investment Management, which raised its debut opportunity fund in 2009, is backing a venture to develop 15 London budget hotels under a franchise agreement with Tune Hotels run by Asia entrepreneur Tony Fernandes.
3 min read · 24 January 2013
