At an invitation-only event in Monaco, the co-founder of KKR, which is making a big push into real estate, said that low interest rates and a lack of capital offered 'enormous' opportunities for private equity.
Sir David Walker has published his recommendations on how UK private equity must improve transparency. The consultative report focuses on three areas: annual reporting by large portfolio companies; annual reporting by GPs, and the co-ordination of industry-wide performance data.
Jefferies, the US boutique investment bank, has signalled its intention to further develop its European private equity offering by appointing Bruce Huber and Warren Scott to manage financial sponsor relationships in the region. It is also looking to build its financing business.
Sir David Walker, the man who has been tasked with improving transparency in UK private equity, has defended his independent status to the Treasury Select Committee and outlined some of the specific guidelines he intends to recommend to the industry.
Intermediate Capital has closed its fourth mezzanine fund with €2.25 billion of firepower - the biggest ever raised in Europe. The fund will invest in mezzanine and senior debt, and could also be used for equity co-investments.