Private Equity
As distressed investment managers around the globe prepare for opportunities in the sinking markets, PAG has closed its first-ever distressed fund for Asian assets from distressed sellers.
2 min read · 06 January 2013
The US Supreme Court has given the green light to an investor lawsuit claiming Steve Schwarzman-led Blackstone whitewashed its portfolio before launching its listing on the NYSE.
2 min read · 06 January 2013
Non-US developed market and emerging market private equity and venture capital outperformed the corresponding public markets in the first quarter, according to Cambridge Associates, which has made its private equity and venture capital data available to the public for the first time.
2 min read · 06 January 2013
Private equity in Turkey has been on the up for a few years now, without ever quite taking off. But stars seem to be aligning in its favour.
3 min read · 06 January 2013
The firms’ $3.9bn acquisition of Pharmaceutical Product Development will be one of the largest recent deals in a hot healthcare and pharmaceutical market.
2 min read · 06 January 2013
UK finance development institution CDC has committed $20m to one of the largest agri-business private equity funds in Africa. CDC hopes the move stimulates fundraising in the sector.
2 min read · 06 January 2013
The country, already the focus of growing private equity investment, would be creating an even friendlier ecosystem by allowing foreign funds to market to its public pensions.
2 min read · 06 January 2013
The firm’s previous investor fund has generated strong returns, posting a 16.8% IRR as of 31 December.
1 min read · 06 January 2013
The private equity industry’s UK lobbying arm is calling for institutional investors to be included in a new government scheme to provide tax breaks for investors in small UK businesses.
2 min read · 06 January 2013
LPs should be paid back all their committed capital plus a preferred return before GPs start to collect carried interest, head of Cerberus Stephen Feinberg said at an industry conference.
3 min read · 06 January 2013