After six months of foreclosure proceedings, failed joint venture negotiations and a bankruptcy court hearing, Garrison Investment Group finally wins control of a Virginia office complex. But at what price? PERE magazine, May 2011 issue
The New Delhi-based private equity real estate firm has raised $79m in a first closing for its Red Fort India Real Estate Fund II, according to filings with the SEC. The firm’s ultimate capital raising target for the vehicle is $500m
Commercial Intelligence, which focuses on buying distressed debt and then recovering value through litigation, recently held a first close on Global Distressed Alpha Fund III at $18m and will seek opportunities in Asia, Africa, Middle East and Latin America.
Commercial Intelligence, which focuses on buying distressed debt, recently held a first close on Global Distressed Alpha Fund III at $18m for investments in Asia, Africa, Middle East and Latin America.
The airport, which is majority-owned by Australian superannuation funds, claims to have attracted A$1.4bn worth of investor interest. It will use proceeds to repay maturing bank facilities and fund capital expenditure.
The Ohio School Employees’ Retirement System this week committed $40m to Kohlberg Investors VII, a re-up for the pension.
The SEC’s proposed ‘Form PF’, designed to measure private funds’ systemic risk, is a classic example of overregulation, writes Jenna Gottlieb.
Buyout firm Montagu Private Equity's fundraising team led by Vince O'Brien has put the finishing touches to its latest capital raising effort, closing its fourth fund at its hard-cap of €2.5bn
In a last ditch attempt to placate creditors, the ailing diagnostics business will reportedly submit a proposal to convert about A$890m of bank debt into equity.
Some GPs aren’t doing everything in their power to minimise portfolio companies’ tax bills and exposure to tax risk, warns PwC tax partner Barry Murphy.