Bloomberg related stories
All articles and analysis
Abraaj divests Turkish health insurance businessThe Dubai-based firm has agreed to sell its stake in a Turkish health insurance business after investing in the company in 2007.
- Ridgewood Energy targets $750m
The energy division of private equity shop Ridgewood Companies has already raised $449.5m toward its second oil and gas vehicle.
- Nordic extends fundraising for six months
The Swedish firm, which is bound by its limited partnership agreement to wrap up fundraising within a year of an ‘initial close’, needed more time to get to the €3bn target of its latest investment vehicle.
- Impact investment: The promise of social impact bonds
Social impact bonds offer the enticing prospect of funding preventative social programmes governments couldn’t otherwise afford – while allowing investors to make a decent return.
- Terra Firma secures two-year fund extension
The Guy Hands-led firm has asked investors for more time to divest its 2002-vintage Fund II, exits from which could boost its expected fundraisings in 2014.
- KIC plots $10bn alternatives investment drive
The $57 billion fund’s chief investment officer Lee Dong Ik has vocalized its ambition to triple its allocation of alternative assets including real estate and private equity in the next three years.
- Friday Letter Cooling Off
Amid the recent furore about the tax treatment of private equity on both sides of the Atlantic, it has been easy to forget that the biggest threat to the industry’s continued health and prosperity probably does not come from politicians and trade unions.
- Friday Letter The trouble with New York
Carlyle’s $20m settlement with New York’s attorney general prevents the potential for litigation against the firm and preserves its relationship with a major LP. But there are some troubling implications for the private placement industry.
- Friday Letter LPs, GPs and the defined benefit plan debate
Some US public pensions may be moving toward policies to monitor or punish GPs that support the restructuring of public employee benefits plans – but their focus is misplaced.
- Friday Letter Mission Impossible
Even for EVCA’s impressive chairman, trying to overhaul the industry’s public image in a year like this is a lot to ask.