Private Equity
The private equity firm will continue to invest in these regions, but has decided dedicated teams weren’t warranted given global financial turmoil coupled with the ‘difficult investment’ climate.
2 min read · 05 January 2013
Robert Bertram will step down from the C$108.5bn pension fund at the end of 2008, to be replaced by current senior VP Neil Petroff. Bertram was with the pension for 18 years and led many of Ontario Teachers' early forays into private equity, infrastructure and timber.
1 min read · 05 January 2013
The second-largest pension fund in the UK is increasing its headcount as it seeks to grow its private equity allocation.
1 min read · 05 January 2013
Last year, mega-firms took centre stage in the Private Equity International Awards – will they be displaced now that mega-deals have slowed? Which firms, funds and deals excelled over the past year? Cast your vote now in the only global private equity awards that are voted on entirely by the industry – not by editors.
2 min read · 05 January 2013
The International Private Equity and Venture Capital Valuation board has said GPs should be asked to comply with its mandate by investors. The committee chairman Herman Daems stressed the importance of transparency and fair comparison.
1 min read · 05 January 2013
Moelis Capital Partners also participated in financing the launch of mid-market healthcare industry lender MidCap Financial, which is led by the former Merrill Lynch Capital Healthcare Finance team.
2 min read · 05 January 2013
The Australian investment firm is planning to shed its real estate and operating leasing units after announcing it would retain them this summer. The struggling publicly listed firm will slash its workforce by more than 800 in an effort to repay A$3.1bn in debt.
2 min read · 05 January 2013
The emerging markets fund investment specialist has opened its first Asian office, headed by Judy Qing Ye, formerly a director of strategic investments at Hewlett-Packard in China.
2 min read · 05 January 2013
Former managers of Nissin Leasing allegedly prevented the buyout firm access and hid the company's seal, as it tried to replace the CEO. The $275m deal, completed in February, may reportedly be written down to zero.
2 min read · 05 January 2013
Speaking at a private equity conference today, Eric Capp, a senior leveraged finance banker at RBS, said banks have not been told to stop lending to private equity.
2 min read · 05 January 2013