The $64bn Daido Life Insurance Company is eyeing the US real estate and credit markets owing to "opportunities" it said were created by the recent market downturn.
Paul Smith sees increasing interest in co-investment among the firm’s LPs, who have largely upped their commitments for Tenaska’s second US energy fund, TPF II, which closed today on $2.4bn.
Daewoo Electronics’s creditors, who control the company, chose the New York-based private equity firm as the winning bidder. Ripplewood’s bid marks the third time Daewoo’s creditors have initiated a sale.
The Buffalo-based firm’s acquisition of Tulsa Welding School is its first investment as it looks to bolster its presence in the post-secondary education sector.
The listed real estate fund manager has formed a JV with Capital Realty to help it target Japanese real estate acquisitions through its latest fund, Invista Real Estate International. The fund is being run by investment director Hugo Vere.
The largest commercial property lender in Germany and one of the largest in Europe is merging its European structured finance team, likely to lead to 10 job losses.
Having spent the last few years positioning itself as a rapidly maturing market, Spain may yet be thankful for its youth, writes Toby Mitchenall.
The size of the infrastructure opportunity is almost unfathomable. It is screaming out for private investors.
The New York-based turnaround firm has invested $80m into Xinhua Finance Media to aid its expansion efforts in sports broadcasting.
Liquidity concerns have pushed LPs to the secondary market amid default anxiety, but the likelihood of major defaults looks slim, writes Suzanne Weinstock.