The McLean, Virginia-based firm said it was ceasing its investment activities in Latin America owing to market conditions. It is working with investors to wind down the regional platform.
There are roughly four ways for GPs to 'top up' the capital in an existing fund, but each method comes with some harsh concessions
PIK Group, the Moscow-based public property company, has abandoned plans to raise a fund from third party investors in the wake of the credit crunch. The decision was taken earlier this year, according to a spokeswoman.
The US business development company has slashed about 44% of its workforce and is trying to negotiate out of a default situation that has paralysed its investment activity.
The 25-year highways maintenance and management contract is the largest private finance initiative deal in the highways sector by a local UK government. The city hopes to sign the contract later this year and begin implementation in April 2010.
New York based-Westbrook Partners is seeking to sell Shell-Mex House, a large office building in London, two years after paying £494 million ($831 million; €582 million) for the property.
The London-listed private equity firm has said reduced competition for deals and the prevalence of distressed sellers are reasons to bolster its dry powder.
As credit processes from UK banks take longer to complete, firms like Dunedin and Gresham are taking debt finance into their own hands.
Goodwin Gaw, chairman, co-founded Gaw Capital alongside his brother Kenneth Gaw, president of the group, in 2005. Here he examines the outlook for China's real estate sector, which has seen a serious slowdown since the economic crisis began.
The McLean, Virginia-based firm is immediately closing its Latin America fund and operations.