The US’s largest pension fund is to increase its infrastructure allocation to 3 percent, or $8.3 billion, over the next two years.
The UK-listed private equity firm has drawn on talent from the European Bank for Reconstruction and Development to staff its Central and Eastern Europe team.
The New York firm has asked Macquarie Securities' Trent Vichie to lead its newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatisation.
Carlyle, General Atlantic, Hellman & Friedman and Blackstone have been reported as potential buyers of Lehman Brothers divisions including its private equity arm, as the beleaguered investment bank looks to shore up its balance sheet.
CLSA Capital Partners has invested $30m to back the expansion of a fibreglass yarn-maker. Giving the firm an eventual 14 percent stake in Fulltech Fiber Glass, it is the seventh investment from the firm's pan-Asian growth fund.
Energy Future Holdings has attributed most of the loss to the effect of fair value accounting rules on its fuel-hedging activities. Concessions made by TPG, Kohlberg Kravis Roberts and Goldman Sachs in the $45bn buyout last year also played a part.
The lower mid-market firm has sold German automotive and aerospace engineering consultant, IndustrieHansa, for an undisclosed sum, just two years after acquiring it. The buyer was Findos Investor, a fund backed exclusively by German family-owned companies.
The year-old firm, in partnership with the Kauffman Fellows Program and the Center for Venture Education, has surpassed its original target of $250m.
The UAE-based buyout group has appointed industrialist Farrukh Abbas to head the firm’s developing Pakistan operations. Abbas will be charged with managing Abraaj’s three portfolio investments in the fast-growing economy as well as sourcing new opportunities.
Following its massive investment in Macau casino and hotel operator Galaxy, the firm has hired a former Goldman banker in its recently established Hong Kong office to lead its efforts in Greater China.