News & Analysis

The China Securities Regulatory Commission has taken steps to give the country’s securities firms access to the private equity market, as China continues to formalise its regulation of domestic private equity.

The former president of Scandinavian exchange OMX is joining the quoted Finnish alternative assets manager to head its planned fund for investing in listed stocks.

The New York Common Retirement Fund has taken a 51 percent stake in Shurgard, the European arm of US company Public Storage.

The private equity firm said it had closed its ninth real estate fund and the largest fund ever raised as it promises to take advantage of the current market dislocation.

The Delhi-based publishing house is reportedly in talks with international private equity firms to sell equity in a mixed-use development it owns.

The Swiss bank, which today wrote down $19 billion of assets, saw its chairman Marcel Ospel resign and reported a first quarter loss of $12.1bn, is to create a separate vehicle to own ‘problem assets.’

The US private equity firm has agreed to buy a €1bn portfolio from the logistics subsidiary of German mailing company Deutsche Post.

The Maine Public Employees Retirement System is considering moving into alternatives including private equity, hedge funds and global real estate.

The New York Common Retirement Fund has taken a 51% stake in Public Storage’s Shurgard Europe operations.

The publicly listed KKR affiliate has agreed to swap $3.5 billion in debt for assets with its asset-backed commercial paper issuers. It will also sell a controlling interest in its REIT subsidiary to Rock Capital 2 and has proposed a rights offering of 20 million shares for ‘general corporate purposes’.