Bruno Alves
Settlement exceeds the £236,000 that former analyst Nathalie Abildgaard had been seeking at employment tribunal.
With managers increasingly putting pressure on LPs to enter the carry early, Threadmark partner Patricia Wilkinson and PEI senior editors Toby Mitchenall, Bruno Alves and Jonathan Brasse look across asset classes to find out whether the status quo really is changing.
Watching the German government tie itself in knots to prevent China State Grid buying into 50Hertz drove home how inadequate its laws are.
LPs seem to have won the battle for lower management fees and carry, but hurdle rates are slow to fall.
LPs seem to have won the battle for lower management fees and carry, but hurdle rates are slowly falling.
The South Korean National Pension Service plans to open its second foreign office in London, having last year spent more than £1bn in the UK, including the purchase of a 12% stake in Gatwick Airport.
Veolia Environnement, Suez Environnement and SAUR are under investigation by the European Commission for possibly coordinating on price fixing for water and waste water services in France. AXA PE and Cube are shareholders in SAUR.
LPs invested in Henderson’s second infrastructure fund have sued the fund manager over the vehicle’s performance, alleging ‘breach of mandate and misrepresentation’. Henderson says the claimants are ‘sophisticated investors’ and is ‘confident’ it has no legal liability.
Commerz Real said it had been left 'surprised' after the German regulator said it was planning to limit returns on investments in the electricity sector by 100bps.
Italian investor F2i was said to be seeking €100m in damages over the failed placement of an infrastructure fund in 2007, alleging Citi had a conflict of interest in its work.