Private Equity
From an investigation into ties with sovereign funds to the looming investment advisor registration deadline, the SEC has made clear it will continue to monitor private equity firms closely. But whether or not it has sufficient resources to do so has industry insiders – and even a former SEC chairman – more than a little bit anxious.
3 min read · 05 January 2013
Private equity firms exited a record 121 companies in India during 2010, while investments almost doubled to $7.97bn from the 2009 figure, according to recent data.
2 min read · 05 January 2013
Crescent Resources, the property developer and manager with land in the South East and South West US, has exited bankruptcy protection after wiping $1bn of debt from its balance sheet and securing $150m in exit financing.
2 min read · 05 January 2013
The UK mid-market firm has struck a deal with Milan-based rival Quadrivio to buy Vesevo, the owner of restaurant chain Rossopomodoro.
2 min read · 05 January 2013
The SEC lacks the manpower and expertise to monitor private equity firms, former SEC chairman Harvey Pitt told delegates at PEI's CFOs and COOs Forum in New York.
3 min read · 05 January 2013
The emerging markets specialist has appointed fundraising veteran Marc Nahum as a distribution director for Europe and the Middle East within its investor development group.
1 min read · 05 January 2013
The two California pension giants’ private equity portfolios outperformed other asset classes in 2010.
3 min read · 05 January 2013
Harvard University is reportedly in advanced talks to sell underlying investments in around six US-focused real estate funds to China sovereign wealth fund, China Investment Corporation.
2 min read · 05 January 2013
The Carlyle Group is setting its investment focus on mezzanine opportunities in the energy sector with the launch of a new fund.
2 min read · 05 January 2013
In 2009 ILPA's 'Private Equity Principles' divided opinion among both LPs and GPs. While its latest initiative – reporting standardisation – won't please everyone, it's certainly attempting to do so.
3 min read · 05 January 2013