Reduced market competition, a wide spectrum of investment opportunities and cheaper borrowing costs have led to ‘one of the best opportunities to set up a team’.
3 min read · 17 January 2013
Occupy Wall Street protestors have submitted a detailed response to the Volcker Rule, arguing for stricter relationships between banks and private equity firms.
2 min read · 17 January 2013
The role of global head of business development has cropped up in several places of late, due in part to firms realising that their businesses cannot live by fundraising alone.
2 min read · 17 January 2013
With Blackstone already making plans for another fund even as it continues to raise capital for its current offering, competitors and others in the industry are beginning to question whether recent returns match the firm’s celebrity status with investors.
3 min read · 17 January 2013
Since taking the helm at CalPERS in early 2009, CIO Joseph Dear has made it clear he considers private equity a crucial part of its investment strategy. But things haven’t been business as usual: he’s taken fund managers to task over alignment of interest, led an overhaul of the pension’s allocation model, sorted out the aftermath of a ‘pay-to-play’ scandal and hired a veteran private equity chief. Amanda Janis stops by Dear’s office in Sacramento to learn how CalPERS continues to find value in private equity
10 min read · 17 January 2013
The Sydney-based bank is one of at least three firms vying to buy the businesses of DBAM, which include RREEF Real Estate and RREEF Infrastructure. Second round bids are due next week.
2 min read · 17 January 2013
A Luxembourg-domiciled company sponsored by Aerium and a Kuwaiti sovereign wealth fund has launched a debt fund to provide bridging loans for residential property transactions in high-end London locations.
2 min read · 17 January 2013
How pay rules should apply to private fund managers and whether it’s smart to keep dealmakers separate from a risk oversight team are among the questions now being considered by the UK’s Financial Services Authority.
2 min read · 17 January 2013
The Swiss-based private markets investment firm says discounts to net asset values improved from the buyer’s perspective for secondary real estate portfolios towards the end of last year.
3 min read · 17 January 2013
The hiring of Steve Smith, formerly of Westbrook Partners, is part of the Dallas-based firm’s plans to ramp up its fundraising efforts.
2 min read · 17 January 2013
