Amanda Janis
Amanda is the Director of Product Management for PEI, whose editorial titles include Private Equity International, Secondaries Investor, Buyouts, PE Hub, VCJ, Real Estate Capital, Private Equity Real Estate, Agri Investor, Infrastructure Investor, Private Debt Investor, Regulatory Compliance Watch and Private Funds CFO. She was previously the company's Group Managing Editor.
The publicly traded US firm suffered $698m in third quarter write-downs, $264m of which stemmed from European Capital’s sinking stock price. The firm, which was downgraded and put on a negative watch by S&P, said it was suspending dividend payments.
The UK-based private equity firm had a total negative return of £182m for the first half of 2008, due in part to £411m in write-downs and an £87m drop in value of its quoted portfolio. Its buyout and infrastructure businesses produced positive returns.
Amid $649m in third quarter write-downs for KPE – the largest related to a co-investment in the $45bn TXU buyout – the private equity firm has said the restructuring of the Euronext-listed vehicle will come next year.
IA Partners, founded in March by Italian private equity executives Luigi Capello and Uberto Selvatico Estense, hopes to raise €80m for its lower mid-market fund by this time next year.
The London-headquartered mid-market investor has nearly doubled the size of its previous fund, garnering large re-ups from existing investors like CalPERS.
The public pension has committed to Carlyle’s fourth Asian growth fund, Welsh Carson’s 11th buyout fund, First Reserve’s 12th energy fund and Clessidra's second Italy-focused fund. Together these four funds are targeting more than $22bn.
The team formerly known as DBG Eastern Europe is roughly two-thirds of the way toward reaching its €125m target, which is nearly double the size of its predecessor fund.
The London mid-market firm has added German private equity shop Steadfast, formerly BHF Private Equity, to its list of foreign partners, which include France’s TCR Capital, Italy’s Sinergo and Spain’s N+1.
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Existing LPs have committed $3bn toward the latest buyout fund from the MENASA-focused firm, which has just purchased a controlling stake in the Karachi Electric Supply Company for an estimated price of $400m.