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Jon Nieman October 24, 2017

How I Built The Private Equity Portfolio For The World's Largest Company

Investing in private equity for the world’s largest company has been a fascinating and challenging experience. Underlying my strategy are five foundational principles that I have studied theoretically, experienced professionally and believe in whole-heartedly. Once those building blocks are established, there are common mistakes that LPs must avoid on the path to building a model private equity portfolio.
Read by 62% of LPs 3 hours, 47 minutes ago

Amp Capital Veteran Begins New Role

A former long-standing AMP Capital senior manager has joined an alternatives investment firm as product director. : A former long-standing AMP Capital senior manager has joined an alternatives investment firm as product director. Mark Leslie joined Brookvine and is responsible for client and investor relationships with a particular focus on debt related strategies. Departing in 2015, Leslie spent about 40 years at AMP Capital across a range of roles, including manager, AMP Life Projects and Implementation, relationship manager of AMP Investments, and as a senior fund manager. Brookvine has also appointed a marketing director.
Read by 66% of LPs 11 hours, 7 minutes ago

Eqt Puts Nordic Aviation Capital Up For Sale

SINGAPORE/COPENHAGEN, Feb 19 (Reuters) - Private equity firm EQT has put Denmark-based Nordic Aviation Capital (NAC), the world's largest regional aircraft lessor, up for sale just 2-1/2 years after buying a majority stake in the company, two sources familiar with the matter said.
Read by 46% of LPs 11 hours, 7 minutes ago

Leading Private Equity Firms That Invest In Healthcare (part Vi) | Mcguirewoods Llp

Throughout 2016 and 2017, we published a multi-part series highlighting leading private equity funds in healthcare. This publication is Part VI in that series. These investors are primarily funds that focus largely on growth-stage, buyout and...By: McGuireWoods LLP.
Read by 48% of LPs 11 hours, 37 minutes ago

Harbor Associates Makes Two Acquisitions For $56m Total

Harbor Associates and Goldman Sachs Asset Management Private Real Estate have acquired Valencia, California-based The Commons, a two-building 156,628-square-foot office campus for $33.1 million. And in a separate [...]
Read by 54% of LPs 15 hours, 37 minutes ago

Philip Green Faces Pricey End To 50 Years In Retail Arcadia Topshop

The billionaire is in talks to sell his Arcadia Group, the owner of Topshop, to Chinese textile giant Shandong Ruyi, according to the Sunday Times. A sale would be expensive for Green because the conglomerate has big pension liabilities relative to its potential value. But the alternative -- heavy investment across his businesses -- will be just as costly and unpalatable. Topshop had an enterprise value of 2 billion pounds ($2.8 billion) in 2012, when Green sold a 25 percent stake in the chain to U.S. private equity group Leonard Green & Partners.
Read by 73% of LPs 15 hours, 37 minutes ago

Update 2-siemens Healthineers On Track For March Ipo | Reuters

* Siemens says to float "significant" minority stake (Adds details in timing, debt): FRANKFURT, Feb 19 (Reuters) - German engineering group Siemens on Monday announced plans to float its medical imaging and diagnostics business Healthineers on the Frankfurt stock exchange, putting it on track for a listing in late March. Siemens said the initial public offering (IPO) was due some time in first half of 2018, but the so-called "intention to float" statement typically sets up companies to go public about four weeks later.
Read by 50% of LPs 18 hours, 37 minutes ago

Wyndham Worldwide Announces Agreement To Sell Its European Vacation Rental Business To Platinum Equity | Traveldailynews International

In conjunction with the sale, the European vacation rental business has entered into a 20-year agreement under which it will pay a royalty fee of 1% of net revenue to Wyndham's hotel business for the right to use the by Wyndham Vacation Rentals endorser brand.
Read by 79% of LPs February 18, 2018

Pe Funds And The Causal Arrow | Allaboutalpha: Alternative Investing Trends And Analysis | A Finance Blog About Private Equity, Commodities, And Other Alternative Asset Classes.

A new report published by the Copenhagen Business School looks into the consequence of private equity investment on an industry-by-industry basis. The authors find that "industries where private equity funds invest grow more quickly [than others] in terms of total production and employment, and appear less exposed to aggregate shocks."Read More.
Read by 53% of LPs February 16, 2018

Apollo Buys 20 Percent Stake In Brazil Restructuring Firm

SAO PAULO, Feb 16 (Reuters) - Apollo Global Management LLC has agreed to acquire a 20 percent stake in Brazilian special situations investment firm Starboard Restructuring Partners, the two firms said in a statement on Friday.
Read by 42% of LPs February 16, 2018

Pwc Sells Us Public Sector Practice To Veritas Capital | Swfi - Sovereign Wealth Fund Institute

PricewaterhouseCoopers (PwC) inked a deal to sell its U.S. public sector business unit to Veritas Capital Fund Management, L.L.C., a private equity firm. Post-deal, the business unit will be renamed and run as a separate company. PwC's public sector business services U.S. federal government clients such as the Department of Defense, Homeland Security, Veterans Affairs, [...]
Read by 58% of LPs