The listed private equity firm has raised more than £730m, which it will use to continue its de-levering process. Other listed private equity stocks reacted well to the news Friday.
Foreign firms in the Shanghai Pudong New Area are now allowed to register as equity investment management enterprises. The pilot policy begain in June and will expire at the end of June, next year.
The European and Asian Special Situations fund has up to $300m in capital soft-circled and is targeting a first close this June.
In announcing a $30m ‘restitution’ to be paid by the private equity firm, the New York state attorney general today noted that the agreement does not include David Leuschen, one of Riverstone’s two co-founders. Cuomo promised that ‘new developments will be coming down the road’.
The Indian bank is close to setting up a private equity fund with Oman and has also been designated by the Indian government as the ‘operationalising agency’ for a similar fund with Qatar.
Pegasus First Vanguard will invest in movies and television programmes targeted at the Chinese market. Wong will chair the fund's investment committee and will also be the executive producer of the films it invests in.
Against the tumultuous economic backdrop, last year investors targeted Europe’s more mature markets at the expense of Central and Eastern Europe.
Barry Sternlicht has launched Starwood Property Trust to target commercial and residential real estate debt opportunities, using financing from the US government’s bailout packages, TALF and PPIP. The next five years will be ‘one of the most attractive investment periods in the past 50 years’.
The team behind the 2006 Balkan Accession Fund is marketing its successor, which may garner a €40m commitment from the EBRD.
Aureos Capital, a private equity firm, focused on Asia, Africa and Latin America, has held a first close on a fund aimed at investing in Africa’s fledgling health sector. LPs include the IFC, The African Development Bank and The Gates Foundation.