A study conducted by a London-based private equity investment club found that more than two years after the UK government cleared the way to let self-invested personal pension schemes invest in private equity, 21 percent of scheme providers still restrict their investors from participating in the asset class.
2 min read · 05 January 2013
Babcock & Brown may in future look a lot less like its Australian counterpart and a lot more like one of its American rivals, writes Cezary Podkul.
2 min read · 05 January 2013
The fund will give the healthcare-focused private equity firm an estimated $2bn of purchasing power for middle market and divestiture deals, the first of which will be the acquisition of a controlling stake in a portfolio company of Gentiva Health Services for $147m.
2 min read · 05 January 2013
The beleaguered Australian infrastructure specialist is reviewing Babcock & Brown Capital, a move that follows its purchase of another satellite fund’s management rights and highlights the difficulties the satellite fund model has faced in the wake of the global credit crisis.
3 min read · 05 January 2013
The move by the $32bn pension fund investor highlights increasing interest in private equity allocation among publicly managed US state retirement funds.
2 min read · 05 January 2013
The £132.5m sale comes as the UK’s Competition Commission is threatening to force the Spanish infrastructure investor to sell three airports owned by the British Airport Authority, which it acquired in 2006.
2 min read · 05 January 2013
Aureos' recent Sri Lankan deal highlights the island nation’s often overlooked investment opportunities, writes Cezary Podkul.
2 min read · 05 January 2013
Armed with €100m of initial committed capital, the French commercial bank’s private equity division will begin a co-investment business to complement its existing funds. Paris-based Frantz Paulus will head co-investment activities for the bank.
2 min read · 05 January 2013
The US private equity firm has completed its first exit from its debut fund wit the sale of FirstLight for a reported value of $1.9bn. Energy Capital paid $1.34bn for FirstLight’s predecessor company in November 2006.
2 min read · 05 January 2013
Abu Dhabi, Ithmaar and Gulf Finance House are reportedly looking to raise three private equity funds, including one focused on infrastructure, that seek to mitigate the region’s increasing food and energy costs, coupled with challenges arising from climate change and rapid development.
2 min read · 05 January 2013