Private Equity
Despite Timothy Geithner’s assurances to EU finance ministers, new rules for alternative investment fund managers are still being volleyed in Congress.
2 min read · 05 January 2013
The global placement agent has launched a platform to help managers raise RMB funds and has hired Eric Gu from China’s National Social Security Fund to lead the effort.
2 min read · 05 January 2013
A planned amendment from Senator Jack Reed could make the Senate’s financial reform bill much less friendly to venture and private equity fund managers.
2 min read · 05 January 2013
KKR's co-founder George Roberts told the Washington State Investment Board ‘there is no more opportunity in distressed debt’.
2 min read · 05 January 2013
The Monetary Authority of Singapore has set up a dedicated department to supervise intermediaries in the fund management industry.
2 min read · 05 January 2013
After almost two years sitting on the sidelines, the New York-based real estate firm is ramping up activity, primarily targeting debt-related deals. It comes as the firm reportedly asks creditors to restructure almost $5bn of debt remaining on its Equity Office Property deal.
3 min read · 05 January 2013
Not a moment too soon, the PEC attempts to build its membership.
3 min read · 05 January 2013
The private equity and real estate giant has reportedly teamed up with a group of investors, led by Centerbridge Partners and Paulson & Co., in a $905m bid for bankrupt hotel chain Extended Stay.
1 min read · 05 January 2013
In addition to his private equity duties, Melvin Teo will also succeed Teresa Lin as the Singapore-based bank’s China head.
2 min read · 05 January 2013
The direct VC secondaries investor had $400m of interest from investors for its second fund.
2 min read · 05 January 2013