Lehman Brothers Private Equity, which is not part of Lehman Brothers bankruptcy, said the turbulent markets contributed to the decrease. Meanwhile, the rebounding US dollar helped Princess Private Equity's NAV increase in September.
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
Despite the turbulence of the credit markets and its impact on Europe’s property markets, LPs will increase their allocations to real estate in the future, according to a report by CBRE. In the long-run, all investors will target an extra €250bn to the asset class.
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
Oivind Lorentzen and Jan Naess, who control investment manager and ship agency Northern Navigation, have closed the company’s debut shipping fund. Northern previously invested in six private equity shipping funds totaling $350m through a joint venture with a German bank.
American International Group will retain core business lines while entertaining the divestiture of all remaining units. The embattled insurance company plans to sell as many assets as necessary to repay its $85bn loan from the US government.
Shanghai opens gates to foreign investors * Lone Star may sue Korean government * Bohai to clinch Xugong deal
Report: JPMorgan execs line up Indonesian fund * Nexus in India venture push * Chinese billions in TPG fund * Anchorage Capital sees first close for debut fund * Temasek doubles annual profit * Direct Capital to launch NZ$350m fund * Sequoia Capital India raises $725m * Advent bets on Japan * Blackstone gets $100m from Cathay
KKR appoints Japan advisor * Pantheon hires three for Asia * Cinven hires in Hong Kong * Deshpande quits ICICI Venture * Morgan Stanley appoints infrastructure head * AIG hires in Japan and Hong Kong * Babcock & Brown chairman and CEO give in * Battery Ventures expands Israel team, to set shop in India * Olympus Capital sets up Indian team
Does the end of cheap debt spell the end of Europe's exit boom?