The Canada Pension Plan Investment Board has tapped former Goldman Sachs rainmaker Alain Carrier to lead private investments from its second international office opened this year.
Gautum Patel will be based in the venture firm’s Silicon Valley office until the second half of 2008, when he and fellow GP Ramneek Gupta relocate to Mumbai.
The US buyout firm has agreed one of the country's largest private equity deals with Aditya Birla Telecom, a subsidiary of Providence portfolio company Idea Cellular.
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 world’s largest private equity firm, as ranked by Private Equity International’s PEI 50, will pay a reported $560m for a majority stake in NH Techno Glass.
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.
Public-private partnerships can produce ‘miracles’ in a state that needs more than $500bn in infrastructure investments, California’s celebrity governor said at the Milken Institute’s conference.