Daniel Mudd will challenge a ‘Wells notice’ served by the SEC, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
At a panel session at this year’s MIPIM conference in Cannes, delegates heard from Barclays Corporate how rebounding market valuations in the UK have led to less distressed real estate situations.
The private equity giant behind the world's largest buyout has appointed former Goldman Sachs veteran Ralph Rosenberg to lead its real estate investing programme.
Former Goldman Sachs veteran Ralph Rosenberg is expected to lead a real estate programme that invests alongside and augments KKR's existing fund portfolios.
The European Commission and the EIB plan to use guarantees and subordinated loans to enhance the creditworthiness of private sector infrastructure bonds to investment-grade rating, aiming to recapture a €100bn market that dried up following the global financial crisis.
The partnership, called Silver Lake Kraftwerk, will target environmentally friendly growth investments. Cathy Zoi, a former official in the Obama administration, is joining the team.
Richard Anthony, head of Evercore Partners Private Funds Group, believes many fund managers will have to slash their fundraising targets.
The Boston-headquartered private equity veteran is expected to be significantly oversubscribed for its seventh buyout fund, targeting $1.6bn, and its second senior debt fund, targeting $1.3bn.
Richard Anthony, head of Evercore Partners Private Funds Group, said at an event in New York that ‘there will not be enough capital to satisfy all the demand’ and as a result many big-ticket fund managers will have to slash their fundraising targets. The market for infrastructure will likewise not be an easy sell.