Private Equity

North America

New York pension backs RE funds of funds

The New York State Common Retirement Fund committed $300m to a fund managed by Franklin Templeton Real Estate. It came as the state’s comptroller called for more flexibility in potentially increasing alternative investments.

2 min read · 05 January 2013

Report: Korea Development Bank to launch restructuring fund

The Korea Development Bank is reportedly close to setting up a W1trn corporate restructuring fund for ailing Korean companies. The bank is expected to enlist the help of private equity funds to raise capital.

2 min read · 05 January 2013

Pine Brook Road closes $1.4bn debut fund

The New York-based firm has said it will not use financial leverage to bolster returns. It has already done nine deals.

2 min read · 05 January 2013

Morgan Stanley hires two to build FoFs arm

Carolijn ter Haar and David Boyle will join Joseph Stecher, the chief investment officer of Morgan Stanley Alternative Investment Partners, to develop the recently-launched FoFs business. Ter Haar was previously with Mn Services and Boyle with REMCap.

1 min read · 05 January 2013

BPE continues to mull spin-out

Barclays' private equity arm is continuing talks with its parent about a possible spin-out, though contrary to media reports, sources say investors in Barclays Private Equity funds have as yet not been involved.

2 min read · 05 January 2013

Report: WL Ross remains in race for Satyam

The turnaround firm is reportedly the only private equity group still eyeing India’s Satyam Computer Services.

2 min read · 05 January 2013

Affinity, MBK, KKR make Oriental Brewery shortlist

The three private equity firms are likely to to make it to the second round of bidding for the South Korean brewery.

1 min read · 05 January 2013

EBRD earmarks €100m for mezz funds

The European development finance institution has committed to funds from two Central European mezzanine specialists: Mezzanine Management and Syntaxis. It has also approved a €20m commitment to a special situations fund.

2 min read · 05 January 2013

Portfolio Advisors raises $1bn for fifth FoF

The latest private equity fund of funds from the Connecticut-based advisory group and funds manager will invest in buyout, venture and special situation funds.

1 min read · 05 January 2013

Report: Church Pension Fund opens in Hong Kong

The New York-based pension fund is opening its first Asian office in Hong Kong and has hired Eric Mason, who was formerly at The Carlyle Group.

2 min read · 05 January 2013

Showing 9,791 to 9,800 of 18,697 results
1…979981…1000