Infrastructure How do you measure sustainability in infrastructure investments? Five years ago, sustainability was a novel feature in an investor’s portfolio. Now, growing concerns…
Real Estate Kayne Anderson Real Estate announces strategic, minority investment by Goldman Kayne Anderson Real Estate announced that Goldman Sachs Asset Management’s AIMS Petershill program has made…
Infrastructure Equinix expands data-center portfolio in Mexico Equinix has added three data centers in Mexico to its Latin American portfolio in a…
From the Current Issue Desert heat: Nevada state officials approve $1b solar and battery storage project by Andrea Zander The Public Utilities Commission of Nevada has granted approval of Quinbrook Infrastructure Partners’ 25-year power-purchase agreement with NV Energy for the 690-megawatt AC Gemini Solar + Battery Storage Project in Clark County, Nev.
From the Current Issue Distressed debt funds are sorely in need of some bad economic news by Mike Consol Financial distress can be a profitable alternative investment, provided you have the cash to rescue otherwise viable companies from a financial pinch or even circumstantial bankruptcy. Sponsors of distress debt funds have been stockpiling cash in anticipation of the next economic downturn and are now armed to the teeth with the financial resources to profit by aiding of troubled companies struggling to pay their obligations. What they could not have anticipated is that the United States was in the midst of its longest economic recovery and expansion in the country’s history, and now it is the holders of distressed debt funds in need of relief.
Infrastructure NewX Energy and PTBPP partner up on $2.6b of tech infrastructure projects Blockchain venture NewX Energy and Bintan Power Plant Group (PTBPP) have formed a joint venture…
Other Peltz International Survey: Family-office allocation to alternatives slips The surveyed family offices allocate most heavily to equities-developed (30 percent), followed by alternatives (25…
Real Estate HNWI invest in Black Creek Group fund Black Creek Group increased its purse by more than 150 percent last year, with $2.3…
From the Current Issue No accounting for success: Life as an accountant was not his calling, but Eric Kittner managed to find a path to the top of $20 billion Moneta by Mike Consol Eric Kittner had a front-row seat for one of the biggest corporate calamities in U.S. business history. At the time he was a staff accountant for Arthur Andersen, the $8 billion accounting and consulting giant, when one of its most high-profile clients, Enron Corp., went into full collapse, filing for the largest bankruptcy in U.S. history at the time. Enron shareholders filed a $40 billion lawsuit against the company after Enron’s stock prices plunged from a high of $90.75 per share in mid-2000 to less than $1 by the end of November 2001.
From the Current Issue Too rich for its own good: Private equity firms form partnership to create products and services platform to take on global water contamination by Kali Persall KKR and XPV Water Partners, a firm that invests in water-focused companies, have launched a wastewater treatment platform to address water nutrient contamination around the globe.