The sole fiduciary of the giant New York Common Retirement Fund is backing a new state law that would allow the $120m pension greater leeway in making alternative investments through a prudent investor model.
2 min read · 23 January 2013
Synergy with Entrepreneurs, a new venture led by Gianfilippo Cuneo and Benedetto de Benedetti, has held a first close of an equity fund dedicated to backing Italian entrepreneurs.
1 min read · 23 January 2013
The New York-based buyout firm is poised to complete its second major European theme park deal in rapid succession.
2 min read · 23 January 2013
Hermes has made 2x cash on the £102.5m sale of Merlin as the US buyout giant takes a first step towards building a consolidated European theme park business.
2 min read · 23 January 2013
Yates Group, the UK wine bar chain, is being acquired by property tycoon Robert Tchenguiz just nine months after being backed by private equity firm GI Partners.
2 min read · 23 January 2013
The US private equity firm has acquired the Danish-headquartered theme park operator, its second major European theme park deal in the last two months.
2 min read · 23 January 2013
Kings, queens and Mick Jagger 2005-07-01 Staff Writer From the day it was established almost two hundred years ago, Claridge's Hotel in London's Mayfair district has been a favorite rest stop for the rich, the famous and the merely royal. The hotel's luxury accommodations and storied history have also attrac
3 min read · 23 January 2013
Pleasure principals 2005-07-01 Staff Writer MHS Capital Partners is bullish on love, specifically the kind that can be measured in hourly increments. For the last year, the real estate investment firm has been acquiring Japanese “love hotels”, many of which, following a construction boom in the 1980s and ear
2 min read · 23 January 2013
City of God 2005-07-01 Staff Writer Florida already has a city called Naples. Pretty soon it could have its own Vatican too. Thomas Monaghan, the entrepreneur behind Domino's Pizza, is funding the creation of a community in South Florida where Catholic Americans can live the holy life. The new town will be c
2 min read · 23 January 2013
A new condo every 15 minutes? 2005-07-01 Staff Writer In an August 1981 entry in his now-published diary, Andy Warhol wrote: “It's a beautiful building, but buying it would be like buying a beautiful piece of art… I could put in hot air and toilets and it would be an artist's space.” The building he was ta
1 min read · 23 January 2013
