In terms of the availability of private equity, nearly every international private equity firm is combing China for investment opportunities.
Chief Executive Rupert Murdock announced his company was finalizing an agreement with several partners led by powerful private equity firm International Data Group (IDG), to launch a localized version of the popular MySpace.com. in China.
Their competence and duty to advise seemingly encompasses anything a fund may encounter- asset allocation, manager and fund performance, personnel turnover at managers, real estate, private equity, international and emerging markets, hedge funds, fund of funds, brokerage-everything but consultant-related issues.
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An increasing number of Chinese private equity firms and the large amounts of cash held by Chinese companies are making it even more difficult for the international private equity firms to find deals.
Meanwhile, international private equity groups have been picking up distressed Irish loans and properties at fire sale prices.
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Valiant efforts to interpret these rules are being made by the International Private Equity Valuations Board, an industry body that some buy-out firms support.
She worked as a lawyer at Wall Street firm Skadden, Arps and then as a venture capitalist at GE Equity in Hong Kong, leaving in 1999 to run a small responsible-investment private equity fund, Maven International, in the city.
The former head of Sam Zell's Equity International is launching a new private-equity shop and consulting business, following his departure from Mr. Zell's firm last year that surprised many in the real-estate industry.
Major Yandex institutional shareholders include Tiger Global, Baring Vostok Private Equity Funds, Roth Advisors and International Finance Group.
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This year, Russia created a sovereign fund for the large international venture capital and private equity firms to invest in Russian enterprises.
The news prompted PrivCo, a research firm that provides financial data on major, non-publicly traded corporations, including family owned, private equity owned, venture backed, and international unlisted companies, to publish a report that declared Pipkin a billionaire.
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International investors are increasingly excited by Brazilian private equity.
Over decades, he built up his private Kraft Group--which includes holdings in paper and wood company International Forest Products, real estate and a private equity firm--into a fully integrated, billion-dollar company.
"We like investing in Chinese consumer-focused companies but, even among businesses in this attractive sector, there are no guarantees as declines in the fortunes of some Chinese sportswear brands is reflected in their continued buildup of inventory, " said George Raffini, managing partner at private-equity firm Headland Capital Partners, which bought a stake in down-apparel maker Bosideng International Holdings Ltd.
Andy Stern's Service Employees International Union, or SEIU, which represents 1.8 million workers, recently started a private equity campaign featuring a Web site, behindthebuyouts.org.
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