The new procurement model set to be unveiled in the UK Chancellor’s autumn statement may not herald the flow of new projects that private investors are hoping for. Introducing more widespread charging on the country’s roads could change that, but would constitute political dynamite.
The UK government will today unveil plans to unlock further investment into infrastructure by doubling the amount that local councils can allocate to limited partnerships from 15% of their pension fund capital under management to 30%.
The bank will kick-off the pilot phase for its project bond initiative tomorrow. The bank has €230m of EU money to credit-enhance up to €4.4bn of transport, energy and broadband deals. The success of the pilot phase will determine the fate of a planned 2014 rollout.
The Hong Kong-based private equity real estate firm has opted to finish capital raising before reaching its original $500 million target in order to focus its efforts on taking advantage of current, attractive market conditions, particularly in China.
Delegates at the 2012 BVCA Summit in London probably expected an uneventful industry conference. Instead, they got a scathing criticism of GPs from one of the UK’s leading investors
CFO Jonathan Schmugge and general counsel Martin Auerbach are two of the four professionals named senior managing director-partner. The promotions come as Z Capital targets $500m for its second special situations fund.
The Nordic region is largely free of the macroeconomic issues afflicting the rest of Europe, so it’s attracting an ever greater share of the region’s private equity capital. But these small, export-driven economies are still exposed to the problems further south, which is constraining dealflow. And in Sweden, the threat of swingeing tax hikes – not helped by an ongoing image problem – is putting the entire future of the local industry under real threat. James Taylor went to Stockholm in October to ask five leading players how they’re adapting to the changing world
With its unusual deal sourcing model and its willingness to back entrepreneurs throughout the cycle, US-based growth investor Summit Partners continues to plough a profitable furrow in a crowded segment, writes Christopher Witkowsky
The New York-based insurance giant is expanding into asset management on behalf of third parties. PERE Magazine, November 2012 issue
It's leverage people should be talking about.