The secondaries advisor and placement agent has been approaching large investors about a vehicle that allows clients to 'share' capital calls with cash-strapped LPs.
2 min read · 21 January 2013
The secondary real estate fund unit market has picked up over the last 12 months, accounting for €1.1bn in transactions. With a further €230m of secondary trades in the pipeline, the market is set to continue as funds face cash calls from investors.
1 min read · 21 January 2013
As LPs increasingly push back on deal terms, GPs may want to consider some relatively low cost moves to mitigate their concerns, writes Kevin Ley.
2 min read · 21 January 2013
Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 21 January 2013
Some overweight real estate deals are going to sink no matter how much rescue money is thrown at them, writes Steve Felix.
2 min read · 21 January 2013
With the exception of two individual investors currently in default – one as the result of being embroiled in the Bernard Madoff scandal – Stephen Schwarzman, Blackstone’s CEO and co-founder, said his LPs are not requesting commitment downsizings, an issue some private equity firms are dealing with amid the liquidity crisis.
2 min read · 21 January 2013
The Caribbean & Latin America Real Estate Fund will focus on distressed opportunities and development with a primary focus on the Dominican Republic, Puerto Rico, Antigua and Barbuda.
1 min read · 21 January 2013
The Washington, DC-based mega-firm has already made investments from Carlyle Mezzanine Partners II and bought some mezzanine investments on the secondaries market.
2 min read · 21 January 2013
The New York State Common Retirement Fund committed $300m to a fund managed by Franklin Templeton Real Estate. It came as the state’s comptroller called for more flexibility in potentially increasing alternative investments.
2 min read · 21 January 2013
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
