Private Equity
Governments around the world are finalising rules to mitigate private equity's future potential risk to the global economy.
8 min read · 05 January 2013
Massachusetts’ $44bn pension has committed $150m to Centerbridge Partners II. The pension has another $346m in possible commitments to make before the end of the year.
2 min read · 05 January 2013
Investors targeting infrastructure funds are increasingly in favour of differentiating fees according to investment strategies, closed-end funds rather than open funds, and creating separate infrastructure allocations. These are among the findings of a new survey from placement agent Probitas Partners.
2 min read · 05 January 2013
Aldus Equity, founded by Saul Meyer, agreed to pay more than $6m to settle its case in New York's pension pay-to-play probe.
3 min read · 05 January 2013
CalPERS has received numerous recommendations after a 'special review' of fees, including demanding all GP meetings take place at the pension's offices and not in 'expensive settings'.
2 min read · 05 January 2013
Apax has reportedly beat out rival private equity consortiums to become the exclusive bidder on the world’s fourth-largest employer, which has grown considerably under private ownership.
2 min read · 05 January 2013
As Blackstone winds up fundraising for its second real estate special situations fund, the firm begins to look further down the risk spectrum for investments.
3 min read · 05 January 2013
Morgan Stanley's sale of its 34.3 percent stake in China International Capital Corporation will generate a pre-tax gain of roughly $700m.
2 min read · 05 January 2013
Thomas Hassen has joined Macquarie as chair of its global oil and gas investment banking group.
1 min read · 05 January 2013
Judy Qing Ye, a Shanghai-based director of emerging markets-focused EM Alternatives, says the time is right for a domestic FoF industry in China.
3 min read · 05 January 2013