Private Equity
From the golden age to the age of pragmatism: private equity is an industry with evolving strategic priorities. PEI looks at how tastes have altered in five key respects.
10 min read · 05 January 2013
Japanese private equity practitioners do not share the view that the recent victory of US activist fund Steel Partners marks a turning point.
2 min read · 05 January 2013
Take up of the pilot policy to allow foreign ‘equity investment management enterprises’ in the Shanghai New Pudong Area has been low.
2 min read · 05 January 2013
CPPIB's credit arm, as well as KKR Capital Markets and four others, will provide financing for the purchase of government engineering consultancy TASC.
2 min read · 05 January 2013
Michael Green, a former member of the Cerberus investment committee, is leading a six-strong team at Tenex Capital Management.
1 min read · 05 January 2013
The Canadian pension’s goal is to shift its private equity portfolio to 80% direct investments from the current 35%. The pension has been a direct investor in infrastructure and real estate for many years through its Borealis Infrastructure and Oxford Properties direct investment teams.
3 min read · 05 January 2013
The key markets of Asia, the US and Europe have diverged in their rationales for investment and must be evaluated independently, according to the fund of funds manager.
2 min read · 05 January 2013
The pension’s $200m commitment to Hellman & Friedman, is evidence that it plans to continue to back private equity funds despite an ongoing pay-to-play investigation.
2 min read · 05 January 2013
Michael Latimer was previously chief executive of the Canadian pension’s real estate arm, Oxford Properties. The appointment will allow the C$44bn fund’s CEO, Michael Nobrega, to focus on creating a multi-billion dollar 'alliance' to target large scale infrastructure and real estate assets.
2 min read · 05 January 2013
The BDC, which has been in default on $2.4bn in debt for months, has a preliminary deal with lenders to push back maturities on its debt to 2013.
3 min read · 05 January 2013