Cezary Podkul

As the US insurance giant struggles to raise capital, the fate of the firm’s substantial private equity business remains uncertain. AIG Investments has not been placed for sale as part of its parent’s capital raising measures.

Private equity firms are holding on to their portfolio companies longer and expecting more bolt-on acquisitions, possibly employing some ‘wishful thinking’, according to a recent survey which also found a great divergence in valuations.

The reduced takeover offer for Informa, publisher of Lloyd's List, by Providence Equity Partners, The Carlyle Group and The Blackstone Group has come after a shake-up in the original consortium that offered £2.15bn for the company in late June.

The beleaguered Australian infrastructure specialist is reviewing Babcock & Brown Capital, a move that follows its purchase of another satellite fund’s management rights and highlights the difficulties the satellite fund model has faced in the wake of the global credit crisis.

The beleaguered Australian infrastructure specialist is reviewing Babcock & Brown Capital, a move that follows its purchase of another satellite fund’s management rights and highlights the difficulties the satellite fund model has faced in the wake of the global credit crisis.