Christopher Witkowsky
The European private equity firm paid an undisclosed amount for the business, which has serviced more than 2,000 airports since it was formed in 1947.
The struggling insurance giant has sold its private funds unit, including secondaries, co-investment and infrastructure assets worth nearly $89bn, for just $500m, as it works to pay off about $180bn in government bailout money.
A California political ethics commission is investigating CalPERS board member Charles Valdes, who received $38,600 in campaign donations linked to Alfred Villalobos' placement firm.
A California political ethics commission is investigating CalPERS board member Charles Valdes, who received $38,600 in campaign donations linked to Alfred Villalobos' placement firm.
Richard Valdes received $38,600 in campaign donations in 2005; much of them tied to placement agent Alfred Villalobos, who since 2006 has secured more than $4bn in CalPERS commitments.
The Indiana Public Employees’ Retirement Fund will become a limited partner in an energy fund headed by former First Reserve president Ben Guill, among other investments.
The Leon Black-led firm, a significant junior lender to the bankrupt packaging maker, has contested management’s reorganisation plan giving control of the company to senior lenders.
The listed business development companies of two major private equity firms plan to use the proceeds for investments and debt repayments.
Energy Capital Partners II is targeting $3.5bn for energy infrastructure investments in North America.
Energy Capital Partners II is targeting $3.5bn for energy infrastructure investments in North America.