A wave of incoming regulations is helping fuel activity in the secondaries market, which for some GPs means big compliance headaches.
With Denmark’s banking system in disarray, Icelandic subsidiaries grinding out sales and pockets of localised distress in Sweden, the Nordic countries are no longer just about being a safe haven. PERE magazine July,August 2011 issue.
Despite numerous firms formed in the private equity real estate space over the past several years, only a handful are likely to make it and even fewer will become big players. PERE Magazine, July/August 2011 issue.
Lone Star sees its second real estate mega-fund exceed expectations as it works with its existing LPs to accommodate some delayed commitments. PERE Magazine July/August 2011 issue.
Philippe Maystadt, the president of the European Investment Bank, revealed in an exclusive interview that he would like to test the bank’s initiative to credit-enhance private sector infrastructure bonds before its scheduled launch date of 2014.
The fund has attracted nine investors including National Pension Service and The Korea Teachers Pension to invest in Mirae Asset Life Insurance.
The fund will focus on investments in late-stage solar projects in North America. All of the fund’s investors are publicly listed companies. CleanPath has already made investments worth about $10m.
Amid rumours of Carlyle’s IPO, K2 Advisors would be the Washington, DC firm’s third hedge fund acquisition in the past year.
The industry has about $376bn of uncalled capital that was raised in the peak credit years, an overhang that is driving up prices and could expand as many firms are raising funds this year, according to Cambridge Associates.
The start-up firm run by Ric Lewis has brought forward a first close for Curzon Capital Partners III as it hones in on 5 European deals during a time when spreads between core-plus and value-added yields are at ‘a cyclical high’.