Private Equity

North America

American Capital suffers $910m loss in 2009

The publicly traded business development company made a profit of $107m in the fourth quarter and continues to iron out a debt restructuring plan with its lenders.

2 min read · 05 January 2013

Gulf Capital closes Fund II on $544m

The Abu Dhabi-based firm, led by CEO Karim El Solh, has raised a significant portion of capital from investors in the US, Europe and Asia.

2 min read · 05 January 2013

Blackstone's TD unveils $3.8bn transmission project

Transmission Developers is planning to build an underwater cable that would carry 2,000-MW of wind and energy power from Canada to New York.

1 min read · 05 January 2013

UK told to oppose Euro private equity clampdown

Lawmakers in the UK have urged the British government to reject European proposals for wide-ranging regulation of the alternative funds universe as they currently stand, especially if there is no comparable legislation in the US.

3 min read · 05 January 2013

Letter of concern

After hearing evidence from industry witnesses about “protectionist” elements of proposed EU regulations, the UK’s House of Lords has written to the Financial Services Secretary about the threat to the EU’s global competitiveness.

3 min read · 05 January 2013

Spain's latest AIFM draft reinstates regulatory 'fortress'

A controversial provision that was removed from the AIFM Directive when Sweden held the EU presidency has been reinstated by Spain.

2 min read · 05 January 2013

It’s a breeze

Cost-effective, readily available and operating against a highly favourable regulatory backdrop – no surprise that wind energy has continued to attract investment amid economic turmoil.

3 min read · 05 January 2013

CalSTRS backs emerging manager FoF

The pension is committing $100m to GPs focused on inner-city and rural markets at a time when SME capital is in 'short supply', says CIO Chris Ailman.

2 min read · 05 January 2013

If you see something, say something

The various placement ‘bans’ may be softened, but fundraisers must better police their own market, writes David Snow.

2 min read · 05 January 2013

Carlyle writes off $330m Japanese mobile investment

Wilcom, Japan's fourth largest telecoms operator, has filed for bankruptcy.

3 min read · 05 January 2013

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