The French bank is looking to augment its co-investment capacity with its latest hire from a family office.
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.
Gresham exits waste water business with a sale to a mid-market rival, although Gresham is rolling over a minority stake alongside management.
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.
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 $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.
The two firms, both with global footprints, were big winners among many unveiled today for the 2007 Global PERE Awards.
The US firm has closed its third, tech-focussed buyout fund slightly below its $10 billion target, but it is more than double the size of its predecessor vehicle.
Lawrence Jackson, the former Wal-Mart president and chief executive officer for global procurement, has been appointed to the industrial property investor’s board of trustees.
The energy-focussed US firm has surpassed the target for its ninth buyout fund by $1 billion and launched a London office to support its investment activities.
John Slade, head of international investments for the global real estate advisory firm, believes emerging markets ‘are not going to be halted in their tracks’ by a slowdown in the US.
Ohio-based Legacy Capital Partners will pursue holding periods of as long as 15 years.
The state’s public safety personnel pension has also approved new advisory contracts with ORG, StepStone and Capital Dynamics and announced $125 million in commitments to real estate and infrastructure funds.