Private Equity
The US bank has put a total of $570m of investments with buyout firm CVC Capital Partners for sale on the secondaries market, reportedly including $250m of investments in two CVC Asia funds.
2 min read · 05 January 2013
Philip Borel blames the fickle Greek god for his defeat by David Snow in the Marathon of Marathons in Athens.
2 min read · 05 January 2013
The South Carolina Retirement System is creating an in-house management company to make direct private equity investments.
2 min read · 05 January 2013
Former KPMG director Tristan Nagler will help ramp up banking group Investec’s finance offering to British mid-market companies.
1 min read · 05 January 2013
Australia’s A$69bn Future Fund has continued to grow its real estate exposure, reporting increased assets of 1.2 percent to A$3.4 billion from the six months to 30 September. According to the fund’s annual report released today further increases to real estate and other “tangibles” are planned.
2 min read · 05 January 2013
Emerging Capital Partners, which manages the largest pan-African private equity fund raised to date, has hired an emerging markets veteran to spearhead IR.
2 min read · 05 January 2013
The acquisition of Saddle River Valley Bank by JC Flowers follows the revelation Blackstone is planning to acquire small banks around the US.
2 min read · 05 January 2013
Citi banker David Wormsley was on the witness stand Wednesday, where he denied all allegations of misleading Guy Hands into overpaying for EMI in 2007.
2 min read · 05 January 2013
The European Parliament and Council have reached agreement on the final text of the long anticipated Alternative Investment Fund Managers directive.
3 min read · 05 January 2013
An IPO of BankUnited would create a platform for Blackstone to buy smaller banks in the US, the firm’s president Tony James said during an earnings call.
3 min read · 05 January 2013