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27 Jan 2012 12:25 GMT As critics in the US pour scorn on the private equity industry, one influential group appears to be doing the opposite. Research shows the returns generated by the asset class have caused large public pension plans to almost quadruple their exposure over the last decade.
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27 Jan 2012 03:37 GMT At an invitation-only event in Monaco, the KKR co-founder said that low interest rates and a lack of capital offer 'enormous' opportunities for private equity.
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27 Jan 2012 03:00 GMT Investments in MF Global, Shinsei, Hypo Real Estate and Nordbank will likely leave LPs in JC Flowers’ $7bn Fund II with losses.
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27 Jan 2012 02:00 GMT Europe tops the list of issues LPs are thinking about this year, along with the growing threat of ‘zombie funds’ and reputational risk brought on by the US Republican primary election.
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27 Jan 2012 05:00 GMT The appointment of Niklas Johansson as a senior advisor in London comes after a series of high-level departures at the private equity-focused investment bank.
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27 Jan 2012 13:41 GMT The investment arm of the World Bank and the UK government are investing a combined $153m to kick-start the IFC Climate Catalyst Fund, described as a private equity fund of funds targeting clean energy projects across the world.
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27 Jan 2012 07:00 GMT In Davos, John Zhao pointed out that fraud is not endemic at Chinese companies. His comments came just after federal officials searched an advisory firm that helps Chinese companies list in the US through reverse mergers.
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26 Jan 2012 11:22 GMT Increased realisations, fewer deals and careful portfolio management in the face of macro uncertainty were the main themes conveyed in 3i Group's interim statement.
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26 Jan 2012 03:00 GMT The US financial regulator has been watching how GPs value investments, which includes examinations of track records GPs use when trying to attract LPs into new funds.
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26 Jan 2012 12:41 GMT It’s been a busy start to the year for private equity firms on the recruiting front, with firms including Equistone, Palamon and TA Associates hiring or promoting internally. Private Equity International rounds up the latest people moves.
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26 Jan 2012 16:46 GMT The Carlyle Group co-founder David Rubenstein expressed frustration with the perception that private equity leaders ‘cheat’ on their taxes.
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26 Jan 2012 13:43 GMT London-headquartered Kreos Capital, which has promoted chief operating officer Simon Hirtzel to general partner, is targeting €200m for its latest ‘growth debt’ fund.
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26 Jan 2012 16:03 GMT Shale energy remains attractive despite concerns regarding environmental impacts, First Reserve Corporation chairman William Macaulay said at an industry conference this week.
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26 Jan 2012 04:00 GMT The firm has completed its first deal of the year, investing $238m from both its latest buyout and venture capital funds in consumer warranty provider SquareTrade.
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25 Jan 2012 12:20 GMT At a time when many banks are proving reluctant to lend, Mid Europa Partners has managed to raise a record debt package to fund a dividend recapitalisation of its investment in T-Mobile Czech Republic.
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