Regulation

On the back of good interim six-month results, Europe’s largest quoted private equity manager is looking to launch a standalone infrastructure business.

Amid concern from LPs and in the wake of the poor post-IPO performances of similar listings from KKR and Apollo, The Carlyle Group has decided to not pursue the raising of capital through a Euronext listing.

Latest numbers show a drop in fundraising and early stage in particular, but improved returns, increased investment and this week’s mega fund suggest a brighter future for the continent.

The UK Treasury has relaxed rules for the introduction of real estate investment trusts, which some believe could offer private equity firms an alternative exit route for property investments.

Private Equity International has announced in its November issue a global list of 30 influential lawyers who specialise in private equity.

3i consortium will have to work hard to make bid premium pay in its proposed takeover of Anglian Water’s UK owner, according to broker Collins Stewart.

The US bank remains deliberately vague on the details, but in an interview its chief financial officer confirmed plans to reverse its 2004 decision to abandon private equity investing.

Benjamin Fanger and Xiaolin Zhang met as MBA students at the University of Chicago. They’re now scouring the NPL portfolios of China for value investments. By Aaron Lovell.

Warburg Pincus and a Chinese investor have secured a syndicated loan to acquire Shandong Deosen Corp, a producer of food additive in China, in a rare leverage buyout in that market.

Andrew Sossen, who represented KKR Financial in its $900m IPO last year while with Simpson Thacher, will become the REIT’s new general counsel.