Private Equity
Treating placement agents as lobbyists under California law would impose the proper limitations on the practice, CalPERS’ president Rob Feckner wrote in a letter to the pension’s board.
3 min read · 05 January 2013
The Sub-Saharan Africa-focused fund has attracted commitments from CDC and IFC. It will invest around 50% of its capital in infrastructure-related projects.
2 min read · 05 January 2013
Kansas securities regulators have accused Wichita, Kansas-based Lion Share Capital of improperly collecting and keeping sham fees.
2 min read · 05 January 2013
Just five years after launching it, Citi is following the lead of other institutions and trying to exit its private equity real estate funds business. CPI must first win approval from 67% of its LPs.
2 min read · 05 January 2013
Industry participants are raising red flags over the pension giant's decision to sponsor legislation that would require placement agents to register as lobbyists and ban success fees.
3 min read · 05 January 2013
Mega-firms took unprecedented measures in 2009 to give LPs some relief.
2 min read · 05 January 2013
The mega-firm is entering the amusement park sector, following several other firms that have acquired parks this year. But the sector has in some cases been a roller coaster for private equity returns.
2 min read · 05 January 2013
Property Investors’ president and CEO Roger Orf highlighted the increased availability of cheap commercial real estate debt packages as one of three investment opportunities of tomorrow at the PERE Forum: Europe.
2 min read · 05 January 2013
Few private equity firms have undergone thorough and expensive SAS 70 audits. But as the asset class matures and firms, especially multi-platform players, become bigger and more diverse, this yearly check on controls might become the standard in the US.
5 min read · 05 January 2013
The US securities authority has charged Vinayak Gowrish and others of profiting from sharing inside information about the buyouts of TXU, Sabre Holdings and Alliance Data Systems.
2 min read · 05 January 2013
