Goldman Sachsâ??s flagship Global Alpha fund is slowly recovering from its dismal performance in 2007, when it lost 40 per cent of its value, but it remains well below its high water mark.
Lone Star cleared of stock price manipulation (Fund News)
A South Korean high court on Tuesday cleared US private equity house Lone Star of manipulating the stock price of a former credit card unit of Korea Exchange Bank, rejecting an earlier ruling.
CDC Group, the UK-based private equity fund-of-funds operator, is to invest $250m (£126m) in to three Indian infrastructure and real estate funds, joining a growing list of foreign groups targeting the sectors.