After attempting PPPs under a 2003 law that didn’t result in any closed deals, Georgia’s up and running again with a new PPP law and a new team. This time, success will hinge on a fourth ‘P’: ‘personality’.
3 min read · 24 January 2013
The fragile nature of the relationship between firms and public pensions was highlighted recently by two events – an SEC ban on unregistered placement agents, and a controversial speech given by a Blackstone executive. Christopher Witkowsky explores.
3 min read · 24 January 2013
The New York-based firm has acquired the US’ second largest special servicer from Otéra Capital for an undisclosed sum. Apollo Global and Centerbridge were also reportedly in the running for the company.
3 min read · 24 January 2013
The two investment firms backed a management buyout of First Republic Bank from Bank of America, injecting $1.86bn of fresh equity into the deal. Colony’s stake is believed to be under 24.9%.
2 min read · 24 January 2013
Will the US Congress’ calls for strict limits on bank co-investment in captive private equity real estate funds encourage financial institutions to leave the industry?
3 min read · 24 January 2013
Apollo and Centerbridge reportedly lost out to Fortress for the US’ second-largest special servicer, which was expected to fetch $200m.
2 min read · 24 January 2013
The former vice-presidential contender tries to win over retail pros in Vegas admitting she doesn’t care to shop. PERE Magazine July/August 2010 issue
2 min read · 24 January 2013
The private equity industry awaits resolution on the AIFM directive as three-way negotiations between the EU parliament, the Council of Ministers and the European Commission are expected to conclude in July.
3 min read · 24 January 2013
Charles Eaton says banning unregistered placement agents from doing business with public US institutions is ‘the right decision’.
2 min read · 24 January 2013
State legislators, after considering raising the tax rate on carried interest for fund managers that work in New York but live outside the state, have let the idea fall by the wayside.
2 min read · 24 January 2013
