TPG related stories
All articles and analysis
LBO France to raise debut credit fundFresh 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.
- Private equity investment into India to fall by a third in 2009
Sentiment from private equity firms towards investment in India is on the wane and cyclical markets like real estate are likely to be among those most affected, delegates at a Mumbai conference heard today. The message echoes last week’s PERE Forum: Asia 2009 conference in Hong Kong.
- Bondholder sues Colony-backed Station
Station Casinos’ proposed debt restructuring has met with anger from some bondholders. A lawsuit alleges the plan is 'ungentlemanly', favouring a limited number of senior note holders. Station said the lawsuit was 'without merit'.
- KKR fund to charge 1% management fee, 10% carry
The private equity veteran will not apply the standard ‘2-and-20’ fee structure on its infrastructure fund, which is targeting $4bn.
- Westbrook allows LPs to shrink commitments by 10%
The private equity real estate firm with more than $3bn in dry powder has told investors they can reduce their commitments by a tenth without penalty.
- TPG slashes finance fund by 25%
A $6bn fund targeting financial services closed last year will downsize to $4.5bn in commitments. TPG is telling investors an influx of US government rescue cash to the sector has diminished opportunities.
- Nomura mulls real estate platform sale
The Tokyo-based financial conglomerate is reportedly considering the sale of its real estate unit alongside other businesses as it seeks to grow its global footprint.
- Mouchakkaa joins MSREI as global research head
The former managing director of real estate consulting services at Pension Consulting Alliance is joining Morgan Stanley in November.
- TPG hires Weaver
Private equity firm TPG Capital shows a further sign of its intent to build out a dedicated real estate platform with the hire of Morgan Stanley’s global head of private capital markets.
- Market timing
Despite the poor stock performance of its private equity rivals, the time may be ripe for Carlyle to go public.