On the eve of its IPO, Indian developer The DLF Group is reportedly looking to tap foreign investors for three funds to focus on infrastructure, luxury hotels and townships.
Carlyle is set to become the latest private equity firm with shares of an affiliate, Guernsey-based investment company listed on Amsterdam’s Euronext exchange. It has already raised $600 million for the vehicle, and expects the public offering to raise an additional $400 million.
Europe’s largest quoted private equity manager is turning its sights on quoted stocks with a listed vehicle, following its recent success with a public infrastructure fund.
SGAM Alternative Investments has closed its fourth fund in eastern Europe at €156 million ($211 million), above its initial target. The fund will target mid-market deals right across the region.
More than doubling the size of its last vehicle, Heitman has closed an $800m fund to invest in North American value-added opportunities.
US bank Greenhill has held the first closing of its debut European fund, with 61 percent of the equity coming from the firm and its employees, as the latest example of an investment bank increasing its private equity activity.
US alternative asset manager Oaktree Capital is to list 13 percent of itself on a private market being developed by investment bank Goldman Sachs.
Fortress has completed a $2.84 billion closing on its latest fund with a $5 billion target. The publicly traded alternative investment firm simultaneously announced a $3.5 billion deal.
Buffalo, New York-based Summer Street has closed its second fund on $187 million, exceeding its target by $37 million.
Taking advantage of the downturn in the sub-prime market, the Dallas-based private equity firm has acquired Accredited Home Lenders for $400m.
In the October 2006 issue of Private Equity International, we produced a selection of the 30 most influential lawyers in global private equity. Here, we remind our readers of some of the legal world's most valued practitioners.
Buyout firm Industri Kapital has exited from Elektrokoppar after nearly 10 years invested in the company and several difficult economic cycles in the copper industry.
US middle market buyout shop Olympus has closed its fifth fund on $1.5 billion.
European mid-market firm Doughty Hanson enjoys successful fundraising after setback of abandoned quoted fund last year.
KKR’s Euronext-traded affiliate has invested $167.4 million in convertible preferred stock of Japanese credit card firm Orient. It is the publicly traded vehicle’s second PIPE.