The Hong Kong firm targeting $100m for its Cambodia fund has raised $11m and is on the verge of closing its first deal.
The Dubai-based private equity firm is nearing the first close of its $200m MENA-focused hospitality fund, and has begun marketing another $530m fund specifically for Saudi Arabia.
TPG-backed XOJET has secured nearly $2.5bn in debt and equity financing from investors and has agreed a separate joint venture with Tasameem Real Estate to establish a hub in Abu Dhabi.
XOJET has secured nearly $2.5bn in debt and equity financing from investors, including private equity firm TPG, at the same time as agreeing a separate joint venture with Tasameem Real Estate to establish a presence in Abu Dhabi.
The $15 billion of capital raised or targeted for infrastructure investment this week is one route for investors, managers and their banking partners to escape the credit mire, writes Nicholas Lockley
The majority of limited partners expect 23 percent returns from 2008 emerging markets investments, according to the Emerging Markets Private Equity Association’s 2008 LP Survey.
The St. Paul Venture Capital spin-out saw all of its limited partners return for its second fund.
The quoted private equity investor sees opportunities ahead and has prepared its balance sheet in anticipation of slowing returns.
The Chicago firm’s latest mid-market fund is larger than the sum of its three previous funds, but will continue its operationally-focussed strategy.
The firm's private equity funds generated $50m in pre-tax distributable earnings, 64 percent less than the first quarter of 2007, while private equity assets grew 55 percent to $13bn.
The energy-focussed private equity firm has nearly doubled the size of its previous fund in a three month period that involved ‘very little proactive marketing’.
The US pension committed to Walton Street Capital's sixth real estate fund and CVC’s fifth European fund, months after reorganising its allocation structure and boosting its alternatives target to 28 percent.
The state’s retirement system has committed to six alternative investment funds, weeks after increasing its alternatives allocation to 10 percent.
Linklaters’ Hugo Stolkin, partner, and Kim Latypov, managing associate, track Russia's progress in from the cold.
The US firm finds its $700m fund already oversubscribed after just a few weeks in the market. Meanwhile, $16.8bn in debt tied to its BCE deal is reportedly among the LBO loans lenders hope to sell to buyout firms.