Fundraising

The $10bn Russian state-backed vehicle and a consortium of investors have acquired a stake in energy company Enel OGK-5, in a deal potentially worth $750m.

Metric Capital Partners has held a first close for its maiden debt fund after eight months on the road, about a third of the way to its €300m target.

What happens when you launch a private equity firm dedicated to investing in financial services at a time when asset valuations are so madly inflated you can’t find anything to buy? You adjust your strategy and build start-ups. But then what do you do when Lehman Brothers blows up and turns an already challenging predicament into something altogether more dangerous? Throw in the towel? In his first ever interview, AnaCap Financial Partners founder Joe Giannamore, a former internet entrepreneur and horse riding professional, explains to Philip Borel how and why his firm has managed to get through it all

In volatile markets, currency hedging can make a big difference to returns – and also help on the fundraising trail, write Philip Bowkley and Andrew Brock

Progress is steady rather than spectacular, but the Central Asian and South Caucasus region is starting to open up to infrastructure developers and investors. Stephen Wermert of the Asian Development Bank explains some of the opportunities and pitfalls.

The Yanks are coming to Europe to invest in real estate as opportunities begin to emerge and new research supports the move. PERE Magazine, March 2012 issue

Recent changes to the New York-based private equity firm’s real estate team mark the latest chapter in the business’ 20-year history. PERE magazine, March 2012 issue

NPS expects opportunity funds to play their part as it seeks to grow its property portfolio by $1.5 billion to $2 billion each year. PERE Magazine March 2012 issue.

Tracking the trends of Asia private equity industry

Progress is steady rather than spectacular, but the Central Asian and South Caucasus region is starting to open up to infrastructure developers and investors. Stephen Wermert of the Asian Development Bank explains some of the opportunities and pitfalls