A recent survey has shown Asian private equity has even further to go than thought to build a stable local LP base.
Draft legislation, which would require all private equity, private equity real estate and hedge fund managers with more than $150m in assets to register with the SEC, must now face a test in the Senate.
F&C and Altamar have both closed funds this week, as they seek to capitalise on emerging secondaries opportunities.
The US House of Representatives has approved a rule that would force private equity funds managing more than $150m to register with the SEC. The bill now goes to the Senate for a vote.
The bill, which would require all private equity and hedge fund managers with more than $150 million in assets to register with the SEC, must now face a test in the Senate.
The Private Fund Investment Advisors Act, which would require all private equity and hedge fund managers with more than $150 million in assets to register with the SEC, must now face a test in the Senate.
Thanks to a C$227.5m recapitalisation of the Dokie Wind Project in British Columbia, the first phase of the 300 megawatt wind farm will resume construction. Work halted on Dokie last year after now-bankrupt developer EarthFirst Canada could not finance the project.
Abu Dhabi has committed $10 billion to help neighbouring Dubai meet is debt obligations, including its $4.1 billion Islamic bond, which matured today.
Mansco Perry, the chief investment officer of the Maryland State Retirement Agency, says the pension system views real estate as a long-term asset class, still wants real estate fund managers … but wants fees to come down. By Robin Marriott
The provider of junior capital to Central and Eastern European businesses has held a €140m first close on its second fund.