The private equity advisory firm is currently interviewing candidates to lead two new international offices as the regions’ investors become increasingly important in private equity.
The Swiss bank is tapping Gulf Capital's local expertise and deal flow in a growth market, while the buyout firm looks to additional capital and to learn from the bank's experience in more mature markets.
The private equity arm of the Russian investment bank Renaissance Capital has raised one of the largest pools of capital to invest in the region and beyond into Africa.
Gresham exits waste water business with a sale to a mid-market rival, although Gresham is rolling over a minority stake alongside management.
The first cut of EVCA’s independently produced data for Europe shows the industry’s resilience in fundraising and investment in the face of challenging market conditions in 2007. Performance was stable.
Real estate, then private equity top the preferred investments among the 52 percent of respondents who do or want to commit to alternatives, according to a Bear Sterns report.
Unable to stabilise its financing, the credit-focussed affiliate of buyout giant The Carlyle Group has resigned itself to liquidation by creditors.
Despite vigorous lobbying by business groups, the UK government has pushed ahead with its plans to introduce the annual levy on foreigners working in Britain, which will force many private equity real estate professionals in the country to pay additional UK tax on their personal worldwide earnings.
The $7.3 billion Arizona Public Safety Personnel Retirement System is looking to significantly increase its exposure to real estate across the US and internationally.
The $121 billion CPPIB today argued before US lawmakers that it should not be lumped in with all sovereign wealth funds, as legislators in California attempt to bar the US’ largest pension groups from investing in private equity funds tied to sovereign wealth funds.
PERE's sister news service PEO interviews Alberto Torrico, the California assemblyman who recently introduced a proposed law that would force the state’s public pensions to cease ties with firms that are partially owned by certain sovereign wealth funds. Torrico tells PEO he is particularly targeting alleged human rights abuses in the United Arab Emirates, and that the objections voiced by pension investment staff are “overstated, exaggerated”.
The unrelenting rise of sovereign wealth and a promising outlook for MENA private equity funds were among the key talking points at PEI’s Middle East Private Equity Forum in Dubai.
Virginia Retirement System increases real estate and private equity allocations by three percentage points, saying it wants more flexibility in its portfolio.
The two firms, both with global footprints, were big winners among many unveiled today for the 2007 Global PERE Awards.
HRJ Capital, the San Francisco fund of funds firm started by American pro-footballers Ronnie Lott and Harris Barton, has doubled its equity commitments for its latest vehicle.