Fundraising

Fifty finest..Continue 2007-06-01 Staff Writer <strong>STEPHEN SCHWARZMAN, BLACKSTONE GROUP</strong><br> Always bet on Blackstone. The firm has moved from success to success largely because its chairman and chief executive Stephen Schwarzman demands nothing less. The strong, early track re

Under the leadership of Jonathan Russell, 3i's under-performing buyout division has been transformed into a leading mid-market investor. But how will Russell be able to maintain this momentum in the face of fierce competition and mounting external scrutiny? James Taylor met him in London in May to find out.

A London investment group is aiming to avoid overexposure to frothy conditions in Europe's leveraged loan market - and benefit should it overheat.

CalPERS is preparing to become a major investor in infrastructure.

The private equity firm is committing $100m to a joint venture with Williamsburg, Virginia-based hotel REIT MHI.

KKR’s Euronext-listed vehicle, KKR Private Equity Investors, has invested or committed $4.3 billion in just ten months, the firm said today.

The California-based firm’s investment has followed the first close of its first discretionary institutional buyout fund, Fairmont Capital Private Equity LP.

Esprit Capital Partners has sold its stake in fraud software business Neteconomy, as it hits the exit trail ahead of another fundraising round.

The fund management arm of Permira’s biggest investor is set to close its latest structured product on €700m, above its original target of €500m.

In March, PEI Asia got hold of Mark Mobius, the globetrotting managing director of Franklin Templeton Investments, in Panama and asked him for his thoughts on the Shanghai stock market crash and its implications for private equity.