The warehouse developers chief executive says it is planning to double investment in Asia and Japan to as much as $12 billion and that it may launch a third fund with GIC.
Clothing marketer the Kellwood Company, whose brands include Baby Phat and Nautica, has rejected Sun Capital’s $21 per share bid, deeming the offer price too low.
Abraaj Capital, the Dubai-based investment firm led by Arif Naqvi, has held a record close on its infrastructure and growth capital fund as it mulls listing on the Dubai stock exchange DIFX.
The state of California has passed a law requiring that CalPERS and CalSTRS divest from companies that do business in Iran, but unlike similar bans elsewhere, private equity is not affected.
Bessemer Venture Partners has promoted Devesh Garg to managing director for its growing India team, four months after allocating $350 million for investments in the region.
GMT Communication Partners, the European communications buyout firm, has bolstered its digital media team by recruiting Natalie Tydeman from television production company Fremantle Media.
The European buyout group has more than doubled its predecessor fund with its latest close, while its 2004 fund has fully paid back investors after three exits.
India’s largest private equity fund has become the latest to float a fund to cash in on India’s booming real estate sector, estimated to reach $90 billion by 2015.
As the chair of the Institutional Limited Partners Association, CalPERS’ Joncarlo Mark will focus on growing the organisation’s research and education platforms.
The investment banking arm of UK bank Barclays has appointed Ramon Walsh to its leveraged finance team confident the loan market will recover in 2008.