Private Equity
The mega-firm is entering the amusement park sector, following several other firms that have acquired parks this year. But the sector has in some cases been a roller coaster for private equity returns.
2 min read · 05 January 2013
Property Investors’ president and CEO Roger Orf highlighted the increased availability of cheap commercial real estate debt packages as one of three investment opportunities of tomorrow at the PERE Forum: Europe.
2 min read · 05 January 2013
Few private equity firms have undergone thorough and expensive SAS 70 audits. But as the asset class matures and firms, especially multi-platform players, become bigger and more diverse, this yearly check on controls might become the standard in the US.
5 min read · 05 January 2013
PCD Stores raised $374m in its IPO, which was 43 times oversubscribed and generated a 'strong return' for the UK-headquartered private equity firm.
2 min read · 05 January 2013
Private equity insiders say the Australian Tax Office's push for tougher taxation rules on foreign private equity investors could also impact investment in other asset classes, including infrastructure.
3 min read · 05 January 2013
While many investors are 'shell-shocked', Citi Property Investors’ president and CEO Roger Orf believes a trio of future investment opportunities offer up reasons for optimism. He said debt, residential and real estate securities could be 'silver linings'.
2 min read · 05 January 2013
The Boston-based firm has unveiled a raft of promotions across the business.
2 min read · 05 January 2013
Limited partners should cast aside traditional categorisations of risk and re-think expected returns and fees, according to a white paper published by the placement agent. The paper also identifies 70 funds in the market for $100bn, of which 55 are first-time managers.
5 min read · 05 January 2013
Alun Branigan, who joined the firm in 2002, will leave at the end of the year to seek 'further professional challenges'. He will be replaced by Gary Addison.
1 min read · 05 January 2013
PEI Media’s sister publication, PERE magazine, recent sat down to speak with Keith O’Donnell, the global head of real estate at Taxand, to discuss the grand tax themes shaping the industry. From crackdowns on abuse of tax treaties to attacks on interest deductibility of intra-company loans and the taxation of debt investments, there is plenty to concern private fund managers.
6 min read · 05 January 2013