Private Equity
Mikhail Prokhorov is not only buying control of the New Jersey Nets basketball team , but he will also take a stake in a development project related to the Nets’ future home.
1 min read · 05 January 2013
The head of European Capital's Paris office will reportedly replace Rene Maury at French-government backed private equity firm CDC Capital Investissement.
2 min read · 05 January 2013
The industry group is planning a programme that aims to prove European VC can deliver solid financial returns. At the same time, a UK minister has called for a €3bn European 'innovation' fund of funds.
3 min read · 05 January 2013
US pensions are looking to educate themselves about infrastructure asset managers – the best sign yet that they may yet follow Australian superannuation funds in fueling the growth of the asset class in a big way.
3 min read · 05 January 2013
An infrastructure firm called Emerald Infrastructure, raising a €750m fund, has told the SEC it is checking to see if its placement agent paid any external marketers.
2 min read · 05 January 2013
The London-listed renewable energy firm has rejected a £90.5m offer from Terra Firma-owned Infinis Energy, saying it ‘significantly undervalues’ the company.
2 min read · 05 January 2013
The UK holiday park operator’s lenders will take an equity stake in the business, in exchange for extending it a new £25m facility.
2 min read · 05 January 2013
The French energy giant said it is considering selling its UK electricity distribution business in order to reduce its debt level by €5bn. The grid serves the London, the South-East and East region of the UK, supplying around eight million households.
2 min read · 05 January 2013
The US firm has partnered with a local group to buy an estimated $115m stake in Russian hypermarket chain Lenta, having two months ago bought into China's Wumart.
2 min read · 05 January 2013
The Infrastructure Planning Commission is intended to streamline the planning process of major infrastructure projects, acting as an advisor to private developers. It will target projects in the power, transport and water sectors.
2 min read · 05 January 2013
