Private Equity
The amount raised for private equity investment in Africa last year may have been an improvement on the previous year’s total, but for a continent with strong growth and countless metrics supporting the case for investment, Africa remains a depressingly small market for the industry.
3 min read · 05 January 2013
Morgan Stanley Private Markets Fund V is reportedly targeting $1.25bn. The bank’s fourth fund of funds closed on $1.14bn in 2009.
1 min read · 05 January 2013
Oaktree will join peers such as Blackstone, KKR and Apollo with a public listing it said would allow it to transition beyond its founders, Howard Marks (pictured) and Bruce Karsh.
3 min read · 05 January 2013
The $10.5bn pension worked with UBS to sell a portion of its private equity portfolio. The pension board last week approved more than $100m in commitments, including to Cinven's fifth fund.
2 min read · 05 January 2013
The alternatives manager has held final closes for two South American vehicles with a Brazilian focus, bringing its total assets under management in emerging markets to $14bn.
2 min read · 05 January 2013
Private equity firms active in the UK have gained vital clarity on their responsibilities in the government’s battle against corruption. Many of their liabilities will extend to portfolio company level under the UK Bribery Act set to enter force in July.
2 min read · 05 January 2013
Following a government review, the UK-backed investment group will now exclusively focus on direct and debt investments in South Asia and sub-Saharan Africa.
2 min read · 05 January 2013
David Russell, co-head of responsible investment at USS, discusses how the LP evaluates fund managers' environmental, social and governance policies.
1 min read · 05 January 2013
The placement and advisory firm has rewarded individuals in its London and New York offices.
1 min read · 05 January 2013
Creditors for the hotel chain claim Blackstone and real estate firm Lightstone Group left the company insolvent, and are seeking $8bn.
2 min read · 05 January 2013
