The newly-formed 1Malaysia Development Berhad has teamed up with Saudi-backed investment company, PetroSaudi International to launch a company aimed at co-investing with international investors in projects in Malaysia. Target sectors include energy and real estate.
The Milan-headquartered firm, in which banking group IntesaSanpaolo has a minority stake, is making environmentally-focused investments.
According to reports in the local media, the Houston-based developer and fund manager is aiming to start investing through the vehicle in the next six to nine months.
Participants at this week’s Infrastructure Investor: New York forum argued both for and against the use of permanent-capital vehicles to own infrastructure assets. Both views are right.
Some GPs are still greatly prized by investors, while expectation of out-performance in the coming years is high – despite the pain being felt in the present. Through discussions with leading alternative asset groups in and around Switzerland's financial capital, Andy Thomson takes the temperature of the private equity market
Are separate mandates, such as Rockspring’s appointment by The National Pension Service of Korea, another threat to blind pool funds? PERE magazine October 2009
The alternatives giant has completed its merger with its listed affiliate KPE. From tomorrow its shares will be traded on Euronext under the name KKR & Co.
An extravagant development in Dubai comes to a halt. PERE magazine October 2009
India’s minister for road transport and highways, Kamal Nath, has tipped US pension funds to be among the biggest investors in India’s overhaul of its roads network.
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success, which directly benefits pensioners, without placement agents.
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success, which directly benefits pensioners, without placement agents.
Blackstone’s chairman has told the SEC a firm like his would never have reached its level of success, which directly benefits pensioners, without placement agents.
Richard Allsopp, who established and led UBS’ private placement division for 10 years, will join the London-based boutique as it further expands into infrastructure. In the wake of Babcock & Brown’s collapse, Allsopp helped Babcock European infrastructure spin-out to become Arcus Infrastructure.
The Chinese sovereign wealth fund is reportedly keen on 'building an alliance' with the Virginia-based energy company. Also on the negotiating table is believed to be a joint venture whereby CIC could fund AES schemes worldwide.
The European trade body is the latest to stress placement agents ‘play a crucial role’ in the private investment fund industries.