Private Equity
The New York City public pension system has terminated its $75m relationship with the Emerald Infrastructure Development Fund, a Northern Ireland-focused fund run by a rock salt company executive. The fund has since been dissolved, according to a spokesperson.
4 min read · 05 January 2013
PEPcom, which GMT co-owned with VSS, has grown into Germany’s sixth largest cable television operator.
2 min read · 05 January 2013
The €24bn National Pensions Reserve Fund upped its target to private equity to 10% from 8%, and to infrastructure to 5% from 2%. This year, the pension has committed to HIG Bayside and Atlantic Bridge.
2 min read · 05 January 2013
The board of directors of La Caixa will hold its monthly meeting this Thursday, when it may address a buyout of Abertis together with ACS and CVC Capital Partners. If it doesn’t, the deal’s progress will be pushed back by at least another month, until the board of directors meet again in August.
3 min read · 05 January 2013
A successful buyout of Abertis would indicate investors are not as wary of toll roads as many may have thought following the financial crisis, argues Bruno Alves.
4 min read · 05 January 2013
The fates of two European aluminium businesses raise questions about the combination of private and sovereign capital, writes Toby Mitchenall.
3 min read · 05 January 2013
The level of global private activity investment in the first half of 2010 is up 20% compared to the same period in 2009.
2 min read · 05 January 2013
Gilde senior partner Pieter van der Meer hopes to hold a first close on its third healthcare-focused fund this year.
1 min read · 05 January 2013
The private equity firm may go the extra mile to push the buyout through in the face of a reduced debt package. Keeping Abertis’ credit rating at investment grade post-buyout is another concern, with asset sales being discussed to help fund the deal.
3 min read · 05 January 2013
Simon Walker plans to leave the UK trade association next year.
2 min read · 05 January 2013