Toby Mitchenall
Poul Nyrup Rasmussen, a driving force behind Europe’s Alternative Investment Fund Managers directive and the former prime minister of Denmark, rejects criticism the AIFM regulations were drawn up to quickly and questions why LPs invest in ‘risky’ alternative funds in the first place. Interviewed by Toby Mitchenall. PERE March 2010 issue
Blackstone is plotting its entrance into the UK retail banking sector.
In an exclusive interview, Poul Nyrup Rasmussen, president of the Party of European Socialists and ‘bogeyman’ to the private equity industry recently told Toby Mitchenall why he still sees the asset class as a destructive force.
Oussama Daher has been promoted to managing director. He is among 33 Carlyle staff to be rewarded with new titles.
High-profile London estate agents Foxtons has undergone a capital restructuring that sees its lenders own the majority of the equity. BC Partners will reportedly inject less than £50m of fresh equity.
John Lane replaces Jennifer Hom as the investment director of the $68.3bn Ohio pension.
Accessing debt finance became such a protracted process that GPs started underwriting it themselves, even for small deals.
Private equity and real estate investor Patron Capital Partners has delisted Powerleague, a UK-based five-a-side football operator, from London’s AiM.
The two firms are looking to carve out the gaming operations of Italian-listed leisure group Snai at the same time that Blackstone is reportedly vying to take control of Gala Coral.
Pension scheme allocation to the asset class has halved in the last year, according to the latest survey by the NAPF.