The majority of limited partners expect 23 percent returns from 2008 emerging markets investments, according to the Emerging Markets Private Equity Association’s 2008 LP Survey.
The VantagePoint-backed solar energy company has raised fresh capital from a bevy of new investors, just two months after landing the largest-ever US government solar contracts.
Continuing to expand its European research team, the global real estate investment firm has added former IPD chief economist Sabina Kalyan as its new European strategy chief.
The oversubscribed fund will deploy ‘substantial capital in China, India and Israel’ while maintaining the firm’s US focus.
Financial sponsors negotiating block purchases of opportunity loans from banks are being provided with discounted financing. In return for the cheap financing the selling banks are asking for more than the book price of their loans.
The debt investment arm of Kohlberg Kravis Roberts is looking to buy loans related to the Alliance Boots buyout. The syndicating banks are considering providing discounted loans to back the debt sale.
Jean Eric Salata, the Asian firm’s chief executive, said investor demand had been particularly strong because of its low-leverage growth focus.
US investment bank Greenhill & Co. has hired Christopher Kirsten and six other Lehman agents to launch a fund placement division.
US investment bank Greenhill & Co. has hired Christopher Kirsten and four other Lehman agents to launch a fund placement division.
The Denver-based industrial property investor has appointed Diane Paddison as executive director of global operations to succeed president Walter Rakowich next year.