Entries tagged "Sovereign wealth funds"

Sovereign wealth funds: A beginning and end

Dubai pulls back its sovereign wealth fund, while Mongolia plans to start its own.

Financial crisis: Dealmaking winners & losers

In the nearly two years since the recession began dealmakers have gotten one opportunity after another for transformational M&A deals. The Deal picks the Winners and the Losers.

The dreaded capital overhang

Private capital funds of $400 billion sitting on the sidelines has raised eyebrows, but back in 2005 and 2001 there was also a glut of money and people questioning if there was too much of it chasing deals.

Testing day for Chinese capitalism

Politically charged deals in China and Australia suffer setbacks.

M&A Outlook 2009: Linklaters' Rees on why sovereign wealth funds investments have slowed

At the Deal's M&A Outlook 2009 conference, Nick Rees, a co-managing partner corporate and M&A group of Linklaters LLP, said investments from sovereign wealth funds have slowed down. "They have been less active than we all thought they would be," he explains. See the video after the break. - Maria Woehr...

Report: Prudential plc weighs stake sale to fund AIG deal

U.K insurer Prudential plc could sell a 20% stake worth up to £1.2 billion ($2.1 billion) in itself to a sovereign wealth fund, according to The Sunday Times of London, in order to fund a $15 billion bid for the Asian business of American International Group Inc. ...

No large LP consortium, after all

If ever there was a time when investors in big buyout firms raising new funds might try to extract better fund partnership terms, the time would be now. So a recent report by Dow Jones Financial news that a group of very high-profile global institutions has banded together to gain concessions from their general partners should not have come as a surprise. The informal group supposedly comprises the Government of Singapore Investment Corp. Pte. Ltd., AlpInvest Partners, two Canadian pension funds and a family office. Except that it did come as a total surprise -- especially to the members of...

Large LPs form group to press buyout shops for better terms

The combination of stellar returns and high demand to invest has usually left private equity firms holding all the cards when it comes to setting the terms under which limited partners put money into their new buyout funds. But with the credit crunch slowing LBO activity -- and perhaps hurting returns as well -- a group of large limited partners, who collectively allocate over $100 billion to the asset class, are banding together to press for better terms from the private equity firms they back. ...

Sovereign wealth funds devise investing guidelines

Racing to head off the drafting of legislation aimed at regulating them, sovereign wealth funds have come up with their own set of guidelines aimed at calming fears about their motives....

Lehman sought more SWF money

Lehman Brother Inc.'s recent change of heart over the sale of its asset management business might be related to the latest rumor surrounding the beleaguered bank. Evidently, the firm had almost struck a deal to raise $5 billion from South Korean sovereign wealth funds, the New York Post reported, citing unidentified sources....

Germany moves against sovereign wealth funds

As sovereign wealth funds have moved to prop up battered global financial giants -- Barclays Plc, Citigroup Inc., Merrill Lynch & Co. Inc., and  Morgan Stanley, the list goes on and on -- lawmakers have grown increasingly skittish about the clout of these state-owned entities....

Middle Eastern sovereign wealth funds delve into debt

The already deep pockets of Middle Eastern sovereign wealth funds may soon be augmented with as much as $6.5 billion in debt financing for making deals....

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