Fundraising

Two senior communicators from Blackstone and Warburg Pincus, respectively, have departed

A co-founder of Apax Partners is filing suit against his partners to claim profits he says have been ‘unjustly’ withheld

PEI Manager compares the global operations of five different private equity firms, and discovers more than one way to conquer the world

Cutting a special deal with one of your LPs can create conflict with the rest of your investors. Know what you're getting into before giving anyone preference

Salaries at private equity firms are holding steady or rising, although bonuses look set to fall

Moelis Capital Partners also participated in financing the launch of mid-market healthcare industry lender MidCap Financial, which is led by the former Merrill Lynch Capital Healthcare Finance team.

The New York-based mid-market buyout firm has acquired two hospital laundry companies to form Healthcare Laundry Systems in a ‘conservatively financed transaction’ that was more than a year in the making.

The world's largest private manager of infrastructure assets also saw its fiscal 2009 half-year profit plummet 43% to A$604m. Its unlisted funds continued to post strong base and performance fees, while listed funds did not.

The European Union-focused infrastructure fund is expected to hold a second close early next year. DIF’s first infrastructure fund, DIF PPP, is now almost fully invested and its renewable energy fund is expected to be fully invested by the first quarter of 2009.

Many GPs are finding it necessary to go on longer road shows in the current market, but they should be careful in seeking extensions from LPs