The US private equity firm is raising its first India-dedicated real estate fund, following a significant allocation in India from its previous $2.5 billion global fund.
The sovereign fund has doubled its profits to S$18.2bn although the size of its real estate portfolio has fallen by two percent in the past year. As the credit market fallout continues, Temasek has indicated it will continue to do direct deals in financial services.
In a bid to consolidate the industry at the start of a ‘nuclear fuel cycle’, the US energy industry specialist has recruited two veterans of nuclear power to form Accord Nuclear Resources, a platform from which to build an integrated nuclear fuel supplier.
Creating a dedicated website explaining the firm’s approach to corporate responsibility is just another natural step in the evolution of a private equity firm, says Patrick Dunne, the global firm’s communications director.
The Nordic mid-market firm led by ex-IK man Harald Mix has closed its third fund on target at €2bn despite 'turbulent' fundraising markets. About 95 percent of the commitments came from previous Altor investors including Harvard and Swedish insurance Group Länsförsäkringar.
The emerging markets specialist has executed another African PIPE deal, this time taking part of Tunisia’s largest listed company.
Madrid-based infrastructure and real estate developer Accion is selling a 75 percent stake in its funeral services company, valuing the business at €330m.
The UK-listed private equity firm has drawn on talent from the European Bank for Reconstruction and Development to staff its Central and Eastern Europe team.
Carlyle, General Atlantic, Hellman & Friedman and Blackstone have been reported as potential buyers of Lehman Brothers divisions including its private equity arm, as the beleaguered investment bank looks to shore up its balance sheet.
Following its massive investment in Macau casino and hotel operator Galaxy, the firm has hired a former Goldman banker in its recently established Hong Kong office to lead its efforts in Greater China.
The Norwegian private equity firm has exceeded its original target of €225m for Norvestor V after seven months of marketing.
The energy- and commodities-focused US firm has in the past two weeks agreed three deals worth approximately $365m. The firm, a Sowood Capital spin-out, closed its debut global energy fund on $2bn in May.
The US investment bank continues to enhance its private equity activities in the region, closing on one-third of the capital it is raising for a pan-Asian infrastructure fund.
Warsaw-based Enterprise Investors has taken a 60 percent stake in Polish bathroom retailer and wholesaler Wema in a deal that values the company at €77m. The acquisition follows figures last week showing that the flow of capital into emerging markets private equity is rapidly accelerating.
Having originally set out to raise €10m by the end of the year from both institutions and individuals, InReturn Capital is upping its target in response to strong demand.