Fundraising

The New York firm has raised an opportunity fund to acquire mortgage securities, structured products and other opportunities from the US mortgage market.

As private fund managers look to the US public markets to raise capital, one public REIT is looking to a private fund to take advantage of the downturn. By Zoe Hughes

The founder and chairman of the Dublin-based firm Quinlan Private is stepping down this month. He has been gradually withdrawing his day-to-day involvement with the firm for at least a year and has been investing his personal wealth in property deals.

The business development company, which has seen its share price slide 37% from its 52-week high, will use the proceeds of the capital raise for investments and to maintain liquidity.

Tom Osborne and Henry Catry review the outlook for infrastructure financing amid the financial crisis.

The Singapore-listed leisure investment firm and developer has held a final close on its Banyan Tree Indochina Hospitality Fund, short of its original $300m to $400m target. The vehicle's core asset will be the Laguna Hue resort development.

Private equity firms would have to comply with tighter standards for capitalisation, hold periods and disclosure requirements if proposed rules from US banking regulator FDIC are approved.

The listed debt investor has launched a fully underwritten rights issue and has raised €475m for its 2008 Recovery Fund.

With credit markets still tight, knowing the right bankers can be key to financing your infrastructure deal. It is of course difficult to agree on which lenders are the most influential. But when the Infrastructure Investor team swapped notes, and quizzed practitioners in the marketplace, the names of the ten financiers on this page kept coming up.

Limited partners should cast aside traditional categorisations of risk and re-think expected returns and fees, according to a white paper published by the placement agent. The paper also identifies 70 funds in the market for $100bn, of which 55 are first-time managers.