Private Equity
The firm, founded by former Goldman alumnus Neil Auerbach, has attracted investments from big pensions, including $400m from Danish pension ATP.
1 min read · 05 January 2013
Michael Nobrega also said at a speech in New York that the 2-and-20 compensation model no longer works and active infrastructure investing is the wave of the future. He urged pensions to make allocations to the asset class and to make them large enough to invest in big-ticket assets.
3 min read · 05 January 2013
The Dallas-based private equity and real estate investor is expected to garner up to $2bn in commitments by the end of August as part of its efforts to raise $20bn to target distress, according to Bloomberg.
1 min read · 05 January 2013
The US government has selected nine private investment firms, including Angelo Gordon, GE Real Estate, Oaktree and Invesco to help take real estate loan-backed securities off banks’ balance sheets.
2 min read · 05 January 2013
Ex-CB Richard Ellis Canada head Blake Hutcheson will become CEO of OMERS' C$12bn real estate arm. He spent the prior 18 months at nascent private equity firm Mount Kellett.
2 min read · 05 January 2013
The private equity firm is nearing a deal to reduce the debt burden on fashion house Valentino by €730m, while talks continue with lenders to gaming group Gala Coral.
2 min read · 05 January 2013
TPG is once again targeting a struggling airline, having teamed with American Airlines on a joint bid to restructure JAL. Rival US-based carrier Delta is also bidding.
3 min read · 05 January 2013
New York Attorney General Andrew Cuomo said Elliott Broidy paid nearly $1m in gifts to NY Common officials, including more than $90,000 to pay living expenses of one official's girlfriend.
3 min read · 05 January 2013
Language Line Services is the latest private equity-backed company to look to the public markets for an exit this year.
2 min read · 05 January 2013
Marathon Asset Management recently held a first close reportedly on $400m for PPIP, leaving Oaktree as the last firm to reach the benchmark.
2 min read · 05 January 2013
