Distressed Investment

Jessica Hoffman Brennan will join former Credit Suisse executives Michael Arpey and Alok Gaur on Carlyle’s investor relations team.

If you think budget deficits can serve as a catalyst for parking deals, think again, writes Cezary Podkul.

Some emerging themes could be glimpsed at our Infrastructure Investor: Europe event in the German capital. We took note

The US private equity firm and a Hong Kong maritime investment firm are committing $900m in equity over the next five years in the hopes of capturing demand from Chinese state-owned companies.

The $71bn pension system says cuts in fees it pays to investment managers will save it at least $40m over the next five years.

Investment in energy infrastructure accelerated in the second half of last year, while transport investment slowed, according to full year data from InfrastructureInvestorAssets. Boosting the energy total was the huge Jubail Refinery project in Saudi Arabia.

The bank reported gains of $431m in its merchant banking operations thanks in part to fund investments, which include private equity, real estate and infrastructure.

The Houston, Texas-based energy infrastructure investor has made one investment to date, acquiring an interest in California’s La Paloma Generating Plant. Rockland was targeting $350m for the fund but launching fundraising in mid-2008 made for a 'tough road'.

GIC, Centerbridge and Oaktree are also said to be bidding for the assets of the ailing Australian property investment firm.

The high risk profile of Asian infrastructure makes it more of an opportunistic play for pensions rather than core, according to a speaker at the Infrastructure Investor: Asia forum in Singapore. There is also confusion about some funds' investment mandates.