Some of the world’s biggest private equity firms – including KKR, Blackstone, Carlyle, Permira, Providence, Apax and Apollo – have committed to consider environmental, social and corporate governance issues when making investments.
3 min read · 21 January 2013
The publicly traded alternatives manager reportedly cut around 100 jobs towards the end of 2008, as its share price was hitting an all-time low.
1 min read · 21 January 2013
The real estate investment firm has hired Sharon Ann M Miller to lead the firm’s investor relations activities. It comes on the back of promoting David Streicher to partner and Jennifer Levy as CFO.
1 min read · 21 January 2013
Infrastructure investors active in the region can expect more club deals by banks and a resurgence of multilateral and export agencies as sources of liquidity, according to project finance lawyers at law firm Shearman & Sterling.
3 min read · 21 January 2013
A Senate bill sponsored by Chuck Grassley and Carl Levin would require all private funds to publicly disclose the identities of their LPs, as well as the value of assets under management, if the bill passes.
2 min read · 21 January 2013
The head of JC Flowers told a packed New York conference last week that he is bullish on US government-assisted bank bailouts, similar in risk profile to the landmark takeover of Japan’s Shinsei bank, which turned into one of the most lucrative private equity deals in history and solidified Flowers’ reputation as a financial-services wizard.
3 min read · 21 January 2013
The value-added real estate firm has promoted David Streicher to partner and appointed veteran Jennifer Levy as CFO with responsibility for accounting, tax and reporting.
1 min read · 21 January 2013
The use of unrealistic, aggressive assumptions in real estate acquisitions over the past few years is now posing a challenge for some GPs. PERE magazine February 2009 issue.
3 min read · 21 January 2013
Proposals to create a ‘bad bank’ to soak up the toxic assets clogging the US financial markets have been welcomed by real estate professionals. However, veterans of the RTC warn against simply ‘moving pieces round the board’.
2 min read · 21 January 2013
Fund managers say the private equity and real estate markets are entering a new paradigm, with fees one area set for potential change. Fees, one GP said, had gotten “out of hand”.
2 min read · 21 January 2013
