Private Equity
Draft guidance from the US accounting rules body would require private equity CFOs to document multiple potential valuations for portfolio investments.
3 min read · 05 January 2013
The US regulator wants to prevent private equity real estate firms from using placement agents when dealing with US public pensions. The agency also wants to eliminate political contributions from the interaction between investment firms and public pension officials, SEC chairwoman Mary Schapiro told Congress.
2 min read · 05 January 2013
The global placement agent has joined the calls for the SEC to alter a proposed rule providing a blanket ban on soliciting US public pensions.
4 min read · 05 January 2013
Michael Ricciardi, Enrique Cuan and Alan Pardee will lead the 24-strong team for Mercury Capital, which will raise private equity, private equity real estate and infrastructure funds globally.
2 min read · 05 January 2013
The firm, launched by Sun Microsystems founder Vinod Khosla in 2004, raised money from external sources for the first time.
2 min read · 05 January 2013
Actis’s head of Africa tells about the challenges facing the continent and its pending growth story.
5 min read · 05 January 2013
The $5.64bn infrastructure fund is structuring the transaction in such a way that the El Paso Corporation, its 50-50 joint venture partner, will bear all development and construction risk for the 675 mile natural gas pipeline.
3 min read · 05 January 2013
The struggling insurance giant has sold units that manage some $89bn for $500m, as it works to pay off about $180bn in government bailout money.
2 min read · 05 January 2013
Blackstone Infrastructure Partners, in pre-marketing mode for its debut fund, will seek to raise one of the larger infrastructure funds yet. Last year the firm hired two Macquarie managing directors to head its infrastructure team.
2 min read · 05 January 2013
The New York-based infrastructure fund manager will pay $526.5m in cash for a 50% stake in the Haynesville Expansion joint venture, which is being sponsored by midstream energy partnership Regency Energy Partners.
2 min read · 05 January 2013
