Toby Mitchenall
Toby Mitchenall is the Senior Editor for private equity at PEI Media. He is responsible for and regular contributor to the private equity coverage across Private Equity International, Secondaries Investor and private funds management and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
The UK’s PPF has sketched out a 20% allocation to alternatives, which will see the £3.9bn fund invest in private equity and infrastructure funds for the first time.
In a sign that the private equity firm is placing increased focus on the asset class, AXA Private Equity could double its infrastructure assets under management with its latest fundraise.
Senior figures from the fund of funds industry say that consolidation in the sector is inevitable.
Poul Nyrup Rasmussen, head of the Party of European Socialists, exclusively told sister magazine PEI why he thinks private equity, real estate and infrastructure funds need bringing to heel.
The global private equity investor has changed hands for the second time in six years.
The Sub-Saharan Africa-focused fund has attracted commitments from CDC and IFC. It will invest around 50% of its capital in infrastructure-related projects.
The global fund of funds manager has attracted around $600m in commitments in the last 12 months on its way to a target of $3.75bn.
Despite a significant bid premium, the listed waste management business has said a better offer is needed.
The latest draft of the EU’s Directive on Alternative Investment Fund Managers would apply to private equity and venture managers both large and small.
The Hastings Infrastructure Debt Fund III will predominantly lend junior debt to infrastructure projects and businesses in sectors such as utilities, transport, telecommunications and social infrastructure.