Swiss fund of funds manager Adveq recently demonstrated that succession planning and its execution needn't be a painful exercise
New rules governing the activity of private equity firms in Europe may be costly and pointless – but they could have been worse
PEI Asia’s inaugural ranking of the 30 largest private equity firms from the Middle East and the Asia Pacific.
As real estate investors go back to cash flow fundamentals, lenders are going one step further in underwriting loans by reviving the debt yield test.
Pine Brook Road Partners, along with Goldman Sachs, JPMorgan, PartnerRe and Renaissance Re, has pumped $500m into Essent - a new private mortgage insurance company targeting US residential loans.
Brazilian senator Ideli Salvatti has told local media that the government is planning to provide up to $2.5 billion in emergency loans to companies undertaking state-sponsored infrastructure projects.
Four Democratic representatives have introduced a bill that would authorise the creation of an entity to fund infrastructure projects ‘of regional or national significance’. It would be funded with up to $250bn of federal dollars that would enable $625bn of lending capacity.
An expected slump in returns and exit activity has done little to shake confidence in long term growth expectations for India, China, the MENA region and Latin America.
In its annual report, the mega-buyout firm frankly addressed setbacks it suffered last year, including the liquidation of Blue Wave and Carlyle Capital, but stressed it is poised to take advantage of current opportunities.
Is this week’s wrap-up of the £6.2bn PFI for London’s M25 motorway a sign that the project finance market is finally getting going again, asks Chris Josselyn.