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.
The challenges of running sophisticated alternative investment platforms beneath government umbrellas – from retaining talent to enduring criticism over private equity allocations – were among topics broached today by a panel of heavy-hitting LPs.
The challenges of running sophisticated alternative investment platforms beneath government umbrellas – from retaining talent to enduring criticism over private equity allocations – were among topics broached today by a panel of heavy-hitting LPs.
General partners must patiently wait for deal flow to thaw, writes Nicholas Lockley.
The US firm has hired former bankers to invest in the region’s financial services, energy and seafood sectors.
The firm’s global regulatory affairs head, David Marchick, warned a Senate committee today against unnecessary investment protectionism, using Carlyle’s stake sales to CalPERS and Abu Dhabi as examples of government-affiliated investments that bolster US companies.
Russell Read looks to become an environmental rainmaker after a two-year stint at the $244bn US pension.
The state’s retirement system has committed to six alternative investment funds, weeks after increasing its alternatives allocation to 10 percent.
Löwen Play was sold to AXA Private Equity after Waterland grew the arcade operator in the fragmented German games market.
Linklaters’ Hugo Stolkin, partner, and Kim Latypov, managing associate, track Russia's progress in from the cold.
The Fiscal Policy Institute estimates a two percent tax on carry would produce annual revenues of $160m to $200m – a figure budget-conscious legislators aren’t likely to miss.
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.
The country’s private equity industry is helping the region close the gap between Latin America and Asia, market participants said yesterday at an ABVCAP conference in Rio de Janeiro.
A fund established by US hedge fund Fursa, Indian infrastructure financing company SREI and Indian holding company Prima Donna will be led by Sanjiv Gupta, former Coca-Cola India CEO.
Liberty Mutual, Skandia Insurance, Barclays, the New York State Common Retirement Fund and Kamehameha Schools are among the firm’s new limited partners.