CVC Capital Partners, the global buyout firm, is consulting investors for its latest fundraising effort while its chairman Michael Smith has reportedly said limited partners as long-term investors are not driven by short-term problems.
Standard Life European Private Equity Trust has seen an increase in net asset value, though its chairman says problems in the global credit markets will mean a quieter period for draw-downs and distributions.
Aureos Capital has become the first recipient of capital from a $1.5 billion fund backed by the Kazakhstan government as it attempts to stimulate private equity activity in the region.
Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.
New York Life Capital Partners has doubled its capital and LPs for its second mezzanine fund, as demand for mezzanine debt soars amid a credit liquidity freeze.
Dubai International Capital has jointly raised a $300 million infrastructure and energy fund with two other firms as the Middle Eastern investor continues at a frenetic pace.
Canadian private equity firm Onex revealed currency-related losses of $77 million during a conference call following the release of its third quarter earnings report.
Partners Group’s Frankfurt-quoted fund of funds ended its first day of trading on the London Stock Exchange with a fall in the share price. Partners hopes to narrow the discount to net asset value at which the shares trade.
With the acquisition of Singapore-based Pangaea Capital, Howard Marks adds Asian real estate vet Robert Zulkoski to the Oaktree team. By Sharon Lim
Robert Zulkoski created a stir when he left Colony Capital Asia Pacific in 2004 to set up Pangaea Capital Management, an Asia-focused special situations fund manager. Earlier this year, Pangaea became part of Oaktree Capital Management, a US alternative investment group with big plans for the region. The sale has thrust Zulkoski back into the spotlight and brought him back together with former colleagues at Colony. In September, Sharon Lim met him to learn how and why it all happened.