David Snow
A lower interest rate in Brazil means unprecedented opportunity for private equity, reports David Snow.
In a letter to LPs, firm founder Leon Black revealed that several funds are now reporting positive or flat unrealised performances after dramatic write-downs earlier this year.
Clear views on a cloudy day: four veterans of the US real estate market compare notes high above Manhattan. PERE magazine October 2009
Only 10 of the largest 50 private equity firms in the world sold more than they bought during a five-year period characterised by sky-high prices and bidding wars, PEI Media research shows.
The New York power-focused private equity firm will acquire power plants and a 15% stake in the major US power generation corporation, now struggling with liquidity issues.
The power-focused private equity firm will acquire power plants and a 15% stake in the major US power generation corporation, now struggling with liquidity issues.
The Boston buyout firm may allow LPs in a private credit-opportunity fund to cancel participation if they agree instead to a planned $300m listed credit vehicle.
Fund performance results from the State Street Private Equity Index show a big drop in the fourth quarter of 2008. Despite the grim numbers, private equity continues to outperform the public markets.
People who make a living at communicating in private equity are living through some very interesting times, as you'll read in this issue of PEI Manager, devoted to communications.
PERE Magazine, March 2009 issue