Asian private equity is going through another record year of fund formation. Sharon Lim explains why, and asks for how much longer the boom can continue.
Banks and investment groups may have found a cure for debt indigestion in the form of the hung bridge fund. By Andy Thomson.
The implications of the liquidity crisis remain unclear, but confidence is high that investors will not lose their appetite for private equity – and even the larger funds finding it difficult to finance new deals don't seem to be losing support. Andy Thomson reports.
Oaktree Capital Management is an alternative asset manager well placed to profit from this summer's liquidity crisis. In a rare interview, co-founder and chairman Howard Marks talked with PEI about changes in market cycles, his firm's innovative investment approach and the decision to float its management company, on Goldman's private exchange.
Permira, a leading leveraged buyout proponent, returns to its growth capital roots.
Lehman Brothers is following the example of Golman Sachs, KKR and others in launching a fund that will pick up deal-related debt at a discount.
A $3.5 billion distressed-for-control fund was recently closed by MHR Fund Management, the New York firm led by Carl Icahn’s former chief investment advisor Mark Rachesky. It is more than three times the size of the firm’s 2002 fund.
Central and eastern European buyout firm Mid Europa Partners closed the largest-ever fund in the region on €1.53 billion, 40 percent oversubscribed.
CDC, the UK government-backed emerging markets fund of funds, has nearly quadrupled its allocations to microfinance - the provision of small loans to entrepreneurs in developing nations.
US bank Citi is considering backing a leveraged loan debt vehicle set up by US buyout firm Kohlberg Kravis Roberts to take advantage of the $300 billion leveraged loan backlog.