News & Analysis

Apria Healthcare Group, which has 550 branches, has also secured a $280m credit facility in conjunction with the take-private, a positive sign for for the leveraged buyout world as healthcare continues to be a favored target.

As political scrutiny of private equity intensifies in Europe, EVCA has appointed Jonathan Russell, buyout chief of FTSE 100-listed 3i, to its chair this year. The executive is accustomed to the glare of the public spotlight.

The private equity firm launched by former Grubb and Ellis chairman Anthony Thompson hires ex-Renaissance Senior Living exec Lauri Schutz as the fund’s chief financial officer.

The two firms have launched a private equity infrastructure fund for in the gas transportation, power generation and railways sectors in emerging markets globally.

US firm Prudential Real Estate Investors (PREI) has expanded its investment relationship with partner Beekman Helix India Partners by establishing a joint private equity real estate platform, Pramerica BHI India.

Olivier Lecler has been appointed CEO of Société Générale Asset Management’s alternative investment platform.

A second report this month has suggested there is continued appetite for Asia real estate but that tougher financing conditions prevail amid the credit crunch.

Private equity firms must better voice the benefit of their activities to pensioners in order to combat assaults by unions, such as the US’ SEIU, New Mountain Capital managing director Michael Flaherman told the PEI Investor Relations and Communications Forum in New York today.

US House Ways and Means Committee chairman Charles Rangel has again introduced a bill that would attempt to tax carried interest as personal income after dropping an identical provision last December.

The Chicago-based real estate investment firm has closed its LaSalle Income and Growth Fund V, a value-added fund targeting US properties affected by the capital market dislocation.