Private Equity
The sister company of US bank Etech Securities and the Chinese municipality plan to raise the capital from overseas and domestic investors.
2 min read · 05 January 2013
The Wisconsin State Investment Board has committed an additional $40m to two real estate funds to help them delever, including $10m to Fortress’ Fund III.
2 min read · 05 January 2013
IDeA Alternative Investments has appointed as chairman Lino Benassi, whose chairmanships currently include Banca Italease and Credit Suisse Italy. IDeA plans to augment its private equity fund products with special situation, hedge, real estate and mezzanine products as well as to launch alternative investment firms in Southern Europe.
1 min read · 05 January 2013
The Singapore-based mooring business is backed by London-listed private equity firm 3i and is expected to fetch up to S$300m. 3i invested in Franklin in 2007 with a view to list the company on the Singapore Stock Exchange.
2 min read · 05 January 2013
The $122bn pension committed $125m to DFJ Gotham Ventures II and the PCGI/NYSCRF Emerging Europe Fund. The pension also announced it was searching for a new manager for its emerging mangers fund that was formerly run by embattled Aldus Equity.
1 min read · 05 January 2013
Tax hikes are creeping up on private equity in the UK at just the wrong time, writes Toby Mitchenall
2 min read · 05 January 2013
The firm has launched its second institutional fund in partnership with Shandong High-Tech Investment Corporation. The fund will target investments in tech companies in Shandong province.
2 min read · 05 January 2013
The mid-market private equity firm is hopeful it will garner at least £360m – equalling Fund VII – by the end of the year in its first fundraising since it span out from investment banking group Close Brothers.
1 min read · 05 January 2013
New Mexico’s governor Bill Richardson ordered the state’s $11.8bn oil and gas endowment to suspend investing in private equity and real estate while the endowment reviews investment recommendations made by Aldus Equity. Recommended commitments to Landmark Equity, Newstone Capital, Veronis Suhler Stevenson and Ares Management will have to go through a 'vetting' process again.
2 min read · 05 January 2013
The global buyout firm has agreed to the terms laid out by the brewery’s parent InBev, which include its right – but not obligation – to reacquire the brewery within five years on ‘pre-determined financial terms’.
2 min read · 05 January 2013
