Private Equity
The firm launched its eighth buyout fund in early 2008 and has dropped its original target from $7.5bn to $5bn.
1 min read · 05 January 2013
Fundraising for the Houston-based firm’s fifth fund took about a year. The total represents a 90% increase over Quantum’s $1.32bn fourth fund.
2 min read · 05 January 2013
Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.
2 min read · 05 January 2013
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success, which directly benefits pensioners, without placement agents.
3 min read · 05 January 2013
The $5.64bn infrastructure fund is structuring the transaction in such a way that the El Paso Corporation, its 50-50 joint venture partner, will bear all development and construction risk for the 675 mile natural gas pipeline.
3 min read · 05 January 2013
The struggling insurance giant has sold units that manage some $89bn for $500m, as it works to pay off about $180bn in government bailout money.
2 min read · 05 January 2013
One month after China’s government lifted a moratorium on mainland initial public offerings, state-controlled China State Construction and Engineering Corporation is preparing a flotation worth $5.9 billion.
1 min read · 05 January 2013
The $7.6bn pension has terminated $150m in recommended commitments from its former private equity advisor Aldus Equity.
2 min read · 05 January 2013
The Mexico City private investment firm purchased a minority equity stake in the US luxury brand for an undisclosed amount.
1 min read · 05 January 2013
Placement agents have formed a loose coalition in the US, as the SEC considers barring state pensions from interacting with them.
4 min read · 05 January 2013
