Private Equity
The London-based firm is extending the investment period on its current Fund VIII to June 2011 and the hold period on Fund VII for two years.
2 min read · 05 January 2013
Benjamin Young, the former chief investment officer of RREEF’s opportunity funds, has joined Strategic Value Partners as global head of real estate. SVP has also hired Georg Strassner, formerly with Morgan Stanley subsidiary Argoneo.
2 min read · 05 January 2013
Giving evidence to the US Senate Banking Committee, ex-Fed Reserve chairman Paul Volcker tells banks to choose between being bank holding companies and housing private equity and private equity real estate platforms.
2 min read · 05 January 2013
A recent court decision shows that the offshore investments of UK private equity firms could be subject to the country’s higher tax rate, unless they can provide better documentation that strategic board decisions were made outside the UK.
3 min read · 05 January 2013
Emerging markets investor Ashmore and power trading firm PTC India have unveiled their new joint venture aiming to raise $750m to invest in energy infrastructure across India.
2 min read · 05 January 2013
HgCapital Renewable Power Partners has announced the acquisition of two Spanish solar projects and an onshore wind project in the UK. The new deals take the fund’s capital value past the €1bn mark and make 2009 its most active year since closing in late 2006. Its portfolio now comprises 19 projects with a 325-megawatt capacity.
2 min read · 05 January 2013
The UK and the Netherlands have both reacted to public criticism of the private equity industry by passing new tax legislation
7 min read · 05 January 2013
While not triggering a feared mass exodus, the UK's recent tax changes have led to worries about the country's future as a financial headquarters.
4 min read · 05 January 2013
A year after launching a secondaries desk, the global inter-dealer broker will start fundraising for private equity, hedge fund and other alternative investment vehicles.
2 min read · 05 January 2013
The Spanish utility has sent out teasers for the possible sale of its gas distribution network in a deal that could net it over €700m. The sale comes as E.On cancels the divestment of its Italian gas network after deeming the bids received too low.
2 min read · 05 January 2013
