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The European body has launched two initiatives designed to allow investors greater access to information to benchmark performance.
The Blackstone Group has hired leveraged finance pro Vikrant Sawhney from Deutsche Bank.
SVG, the London-based fund manager, increased its net asset value per share on the back of several realisations by UK buyout firm Permira in whose funds the majority of its capital is committed.
Yale University has reportedly said that Sequoia severed its relationship with the $18 billion endowment after it declined to invest in some of the firm’s newer, Asian vehicles.
Global real estate firm Hines and investment partner CalPERS have reportedly sold the 919 Milam office building in downtown Houston to Chicago-based Transwestern Investment Company.
The Swedish government’s buffer funds, which underpin the country’s pension system, want to plough more money into private equity after the asset class helped them generate strong returns in the first six months of 2007.
John Stomber, chief executive of Carlyle Capital Corporation, has apologised to shareholders about poor communication of portfolio troubles as its parent makes its second loan in a week.
The proliferation of new private securities exchanges could help private equity firms become more institutionalized and function as a first step prior to a public listing, industry players say.
Blackstone is advancing toward a fourth acquisition in India in a year. The target is Gokaldas Exports, India’s largest apparel exporter by sales. The investment: $165 million for a control stake.
Goldman Sachs’ director of media relations for the Americas, Peter Rose, is moving to Blackstone, where he’ll focus on public affairs.