Private Equity
Portfolio problems are keeping Australian general partners occupied.
5 min read · 05 January 2013
The separate account will target investments in funds with commitments of up to $1bn that focus on international markets.
2 min read · 05 January 2013
Despite a significant bid premium, the listed waste management business has said a better offer is needed.
2 min read · 05 January 2013
In an unusual proposition, the Chinese sovereign wealth fund is offering liquidity to LPs in the €11.2bn Apax Europe VII.
2 min read · 05 January 2013
In addition to poor performance, poor alignment of interests and corporate governance will make new commitments a harder sell for LPs, according to a survey of LPs from Coller Capital.
2 min read · 05 January 2013
Global Environment Fund’s investment in Greenko will be used to fund the company’s growth objectives.
2 min read · 05 January 2013
The Japanese investment management firm plans to start fundraising for its fifth private equity fund of funds, which will commit to Japan- and Asia-focused funds.
2 min read · 05 January 2013
Last week the FBI raided the offices of Obsidian Enterprises in connection with a civil lawsuit filed against its CEO, Timothy Durham.
2 min read · 05 January 2013
The bankrupt lender will sell its North American mortgage business to Warren Buffett’s Berkshire Hathaway and the holding company Leucadia National Corporation for $515m.
2 min read · 05 January 2013
Investor-friendly carried interest, fee, GP commitment, key man and transparency terms are promoted in a new set of ‘Private Equity Principles’ from the trade association for limited partners, whose members control the vast majority of commitments to private equity managers.
2 min read · 05 January 2013