Private Equity
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
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
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
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
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
The turnaround firm is reportedly the only private equity group still eyeing India’s Satyam Computer Services.
2 min read · 05 January 2013
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
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
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
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