Private Equity
The private equity and real estate investor has sold a Frankfurt data centre for $28m to data services firm Equinix. The technology centre was the final asset to be sold from a 25-building portfolio bought by GI in 2004. The firm made a 3.7x multiple on the deal.
1 min read · 05 January 2013
Matthew Day, formerly a vice president in the industrials group at Macquarie Capital Advisors in New York, has founded Black Opal Equity to make investments in US companies that service infrastructure.
2 min read · 05 January 2013
Brazil, India and China show increasing independence, but other emerging markets are still too reliant on factors like export markets, Chip Kaye said at The Emerging Markets Forum in London.
2 min read · 05 January 2013
The private equity platform has paid $116m cash and assumed $136.5m of a $182m mortgage for a controlling interest in a 1.4m sq. ft Colorado shopping centre. Macerich has been a net seller of assets in 2009 to date.
1 min read · 05 January 2013
When can an LP be sufficiently confident to back a first-time fund? Sam Robinson reveals how a due diligence minefield awaits – and also how a select few will finally reach the other side
6 min read · 05 January 2013
Fresh from a $1.3bn fund close, the private equity firm has backed a start-up real estate investment firm led by former Lend Lease Europe chairman Nigel Hugill.
2 min read · 05 January 2013
Infratil-backed Energy Developments has rejected the private equity firm’s offer as too low, but said it will not impede a similar 'off-market' takeover bid.
2 min read · 05 January 2013
Four Indian institutions will receive about $140m for their combined stakes in UTI Asset Management, whose private equity subsidiary is raising its third fund.
1 min read · 05 January 2013
From the golden age to the age of pragmatism: private equity is an industry with evolving strategic priorities. PEI looks at how tastes have altered in five key respects.
10 min read · 05 January 2013
Globally, the secondary market has been slow all year. That may be about to change, writes Philip Borel.
3 min read · 05 January 2013
