Private Equity
Damon Buffini’s reported departure coincides with the listed fund of funds' ongoing strategic review, which, when it is finalised at the end of April, will reportedly result in a greater focus on its fund management business.
1 min read · 05 January 2013
The sale of its remaining interest in the Te Rere Hau wind farm in New Zealand is part of the firm's plan to restructure by selling off non-core assets to pay down a debt load of A$3.25bn. Last month Babcock agreed to sell its interest in Portuguese wind assets in a €1.15bn deal.
2 min read · 05 January 2013
Research released at EVCA’s Investors’ Forum in Geneva today reveals that despite negative returns in 2008, long-term IRRs remain robust. Comments from delegates, including Providence’s John Hahn and the Wellcome Trust’s Danny Truell, reflect an industry engaged in self-critical dialogue as it returns to its roots.
3 min read · 05 January 2013
The CIO of the influential private equity advisory group will depart by the end of the month, a source confirmed. SVG Advisers is a division of SVG Capital, the UK-listed vehicle that has committed capital to London private equity firm Permira since 1996.
2 min read · 05 January 2013
The mega-firm, which took Realogy private in a 2007 deal valued at $8.5bn, has agreed to financially support its real estate brokerage platform to help it meet its debt obligations and avoid default for at least the next 12 months.
2 min read · 05 January 2013
The $153bn New York State Common Retirement Fund is planning to invest at least $30m in the emerging Northern Ireland economy, with two deals expected to be announced within the next few weeks.
2 min read · 05 January 2013
Vibhav Panandiker has been hired to lead the Asian mid-market arm's private equity investments in Southeast Asia and India, while Cathy Zhang will oversee investments in Greater China.
2 min read · 05 January 2013
The London-listed private equity giant is trying to sell some of its European venture capital portfolio in an attempt to reduce its debt load.
2 min read · 05 January 2013
‘Super angel’ investors the Rickman brothers have launched their first institutional fund for investment into technology in the UK. A second institutional fund is also being raised to make complementary investments into the same sector internationally.
2 min read · 05 January 2013
British pension funds diversified their portfolios by investing 40% more in private equity and 30% more in hedge funds in 2008 over the previous year. Real estate fared less well, however, with mandates dropping by 25%.
2 min read · 05 January 2013
