The European Investment Bank is facing one of its most daunting challenges: creating a vibrant infrastructure bond market that will one day stand on its own two feet. The bank’s president, Philippe Maystadt, tells Bruno Alves why he’s itching to make this happen sooner rather than later
The Los Angeles-based real estate investment management firm has completed its purchase of ING Group’s global real estate securities business, ING Clarion Real Estate Securities. The deal forms part of its wider $940m acquisition of ING’s Real Estate Investment Management operations in Europe and Asia.
Germany has delivered robust economic performance and a surfeit of investment opportunities – so why are three of the country’s private equity professionals wary about the country’s future prospects?
‘Unitranche’ debt is gaining ground with some US mid-market investors
One year on from floating its management company and 35 years after its founding, Kohlberg Kravis Roberts continues to aggressively expand and refine its franchise. In a rare in-depth interview, co-founder George Roberts discusses both the firm’s and private equity’s ongoing evolution as they move past credit crisis ‘hiccups’ and closer to maturity.
Valuing portfolio companies based on a discounted cash flow approach is controversial when applied to private equity. We discover why valuation experts still consider it the most appropriate method for infrastructure.
Distressed investors have seen some historic opportunities for profits come and go in the rollercoaster markets of the past few years. Now, all eyes are on Europe
The Teacher Retirement System of Texas is intent on setting its own agenda when it comes to private markets deals.
A wave of incoming regulations is helping fuel activity in the secondaries market, which for some GPs means big compliance headaches.
The ratings agency has said in a note that the EIB’s proposals to get the capital markets back into infrastructure financing ‘would be capable of credit-enhancing PPP project bonds from low investment-grade to single-A ratings’.