Paul Fruchbom
The unexpected death of Enron founder Ken Lay has highlighted the degree to which private equity holdings played an important role in both his conviction and his company’s collapse. By Paul Fruchbom.
Former Doughty Hanson real estate head Marc Mogull has launched a new firm focusing on middle market deals in Europe. By Paul Fruchbom.
Private equity investors are seeing big opportunities in the shifting demographics of the US, but challenges—and bad memories—remain. By Paul Fruchbom.
In an effort to spur investment in its home state, the Oregon Investment Fund has recently backed three private equity and venture capital funds—as long as they set up shop in the Beaver State. By Paul Fruchbom.
The Blackstone Group has agreed to acquire Trizec Properties, one of the largest owners of office properties in the US, for $8.9bn as the New York-based private equity firm continues its pursuit of publicly traded real estate companies.
As a recent spate of private equity fund closings and transactions makes clear, it’s not just the American public that is hooked on oil—institutional investors are junkies as well. By Paul Fruchbom.
Meet Russell Read, the recently appointed chief investment officer of CalPERS. An economist by training, he likes physics, donuts from New Orleans and planting trees on his property in Maine. By Paul Fruchbom.
The San Francisco-based real estate secondary firm has acquired a UK portfolio of assets for $775m, believed to be the largest secondary transaction to date in the private equity real estate sector.
Harvard and Yale, two of the most successful investors in private equity, have also been two of the largest breeding grounds for private equity talent—in terms of LPs and GPs alike. By Paul Fruchbom.
A pension fund conference in San Francisco, featuring a keynote speech from Madeleine Albright, highlighted the opportunities and perils of investing in China and other emerging markets. By Paul Fruchbom.