David Snow
Eike Batista has fans and detractors, but no one doubts his ambition to own a big chunk of Brazil’s infrastructure
The guy makes $16bn in profits and his only bonus is a congressional tongue-lashing, writes David Snow
David Snow ponders what a proposed US banking rule would mean for captive private equity and private equity real estate firms.
A proposed rule in California would turn placement agents into lobbyists. It’s yet another challenge to the definition of what a placement agent is.
An OMERS marketing document is an objet d’art
The drastically altered real estate opportunity requires skill sets, including restructuring and asset management, that are not sufficiently in place at many fund managers, argued participants at a roundtable discussion organised by PERE magazine.
Clear views on a cloudy day: four veterans of the US real estate market compare notes high above Manhattan. PERE magazine October 2009
An SEC proposal to ban interaction between third-party solicitors and government agencies, including public pensions, could cut off roughly 35% of capital raised by placement agents, according to a veteran fundraiser. In recent years, pensions have been a major source of capital for infrastructure.
The New York power-focused private equity firm will acquire power plants and a 15% stake in the major US power generation corporation, now struggling with liquidity issues.
Wesley Ogburn, a portfolio manager in charge of hedge funds at the $22bn university endowment today submitted comments to the SEC in favour of maintaining the ability of placement agents to interact with US public pensions.