Private Equity
Valuation difficulties have prompted the Texas-based mega-firm to cease talks that began more than a year ago with the Kuwait Investment Authority and two California pensions over the potential sale of a single digit stake in its management company.
3 min read · 05 January 2013
Emerging market funds raised nearly $67bn last year, a 12% rise from 2007 that is due largely to exponential growth in Asia-focused funds. The challenge is convincing Western investors to maintain exposure to markets perceived as 'riskier', according to EMPEA president Sarah Alexander.
3 min read · 05 January 2013
Ronen Nir and Itzik Avidor have gained partner status as the Israeli venture firm deploys its $235m third fund.
1 min read · 05 January 2013
The trend was one of a number of observations shared by banking executives speaking at a debt financing roundtable at PEI’s Infrastructure Investor Forum in Berlin.
2 min read · 05 January 2013
A recent survey of GPs in the region finds the global economic crisis has reduced returns and activity level expectations, but the long term outlook for private equity remains upbeat.
2 min read · 05 January 2013
Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff, representing 20 percent of its workforce.
1 min read · 05 January 2013
The Cairo-based private equity firm is raising $500m for its first institutional fund.
2 min read · 05 January 2013
The Los Angeles-based private equity firm has sold the Breakwater Edison hotel on Miami’s famed Ocean Drive for $25m.
2 min read · 05 January 2013
The auction process for the Irish power group attracted acceptable bids, but concerns over their ‘deliverabiliy’ have led Arcapita to put the sale on ice.
1 min read · 05 January 2013
The Oman Investment Fund acquires half of the hotel chain from the Dublin-based private equity real estate firm, just one year after Quinlan purchased Jurys Inns for €1.17bn. The deal will allow Quinlan to take advantage of falling real estate values in the UK.
2 min read · 05 January 2013
