The largest third quarter private equity deal was JPMorgan’s $250m investment in Café Coffee Day, but the bulk of deals were venture capital investments.
London-based Palamon Capital's investor relations chief expects global financial turmoil to create a pressure-filled situation for LPs with off-kilter portfolios. Investors will become more conservative, likely to avoid fund managers dependent on leverage, she predicts.
$1tr in leveraged loans has been affected by the collapse in investment banking, which has left the sector with far fewer sources of lending than before.
The executive vice chairman of Partners Group believes the US fundraising market will be most affected by the current global financial crisis. He also reckons LPs will begin to push for changes on terms and conditions.
Dubbed Amara, the fund will rely largely on Gulf-based LPs and plans to go public on London’s Alternative Investment Market. The fund has formed a partnership with Pan China Construction to co-invest in joint ventures.
The Japanese firm's third buyout fund is targeting a final close on $2bn by the end of the year.
The Indian Infrastructure Fund, initiated by IDFC and the Indian government, aims to raise $5bn in debt and equity to invest in India's transport, telecommunication infrastructure and power sectors.
The Central and Eastern Europe-focused private equity fund has sold Hungarian e-marketplace and auction site Vatera.hu, generating a 59 percent gross IRR.
BTS Investment Advisors is reportedly looking to raise two private equity funds that will take its India-focused private equity assets under management from $100m to $500m.
The firm has been investing from the fund for several months, including a recent $650m commitment to Reliant Energy.