The California-based placement agent also estimates that $21.5bn has been raised for infrastructure in the first nine months of 2008, which is less than the $34.3bn raised last year, but more than the 2006 total of $17.9bn.
3 min read · 22 January 2013
How much confidence do LPs have in private equity? They’re begging GPs to slash valuations and scrambling to throw more cash at the asset class, writes David Snow.
2 min read · 22 January 2013
Blackstone was the largest buyer of office properties globally between 2003 and mid-2008, according to a new book based on PERE’s list of the top 30 private equity real estate firms in the world. The firm bought more than 159 million square feet of office space during the period totaling $45bn.
2 min read · 22 January 2013
The California-based placement agent, Probitas, also estimates that $21.5bn has been raised for infrastructure in the first nine months of 2008, less than the $34.3bn raised last year.
2 min read · 22 January 2013
Jesús Olmos Clavijo, former CEO of Spanish utility Endesa, will report to Marc Lipschultz, KKR’s global head of energy and infrastructure and work alongside Simon Hipperson, managing director in its European infrastructure team in London.
2 min read · 22 January 2013
When Barack Obama is sworn into the White House in 2009, private equity real estate can expect some changes, among them likely increases to capital gains tax and, with it, carried interest. However his election could also prompt a greater willingness by overseas investors to invest in the US.
2 min read · 22 January 2013
When Barack Obama is sworn into the White House in 2009, private equity firms can expect some changes, among them likely increases to capital gains and carried interest taxation. However, his election also could prompt a greater willingness by overseas investors to invest in the US.
2 min read · 22 January 2013
Following HarbourVest’s decision to walk away from a signed secondary transaction last week, sellers of private equity fund interests are concerned that buy-side MAC clauses will complicate secondaries activity even further.
2 min read · 22 January 2013
Amid $649m in third quarter write-downs for KPE, the private equity firm has said the restructuring of the Euronext-listed vehicle will come next year.
2 min read · 22 January 2013
The personality-driven construction sector in India has been undergoing a period of profound change. The net beneficiaries of this change may be foreign private equity real estate firms, who bring with them badly needed capital. But partnering with an Indian developer is not a straightforward affair. By Dave Keating
10 min read · 22 January 2013
