The race for ING REIM nears a conclusion with TPG, CBRE, Jones Lang LaSalle and Ares Capital Management all submitting final bids. Some of the finalists, though, have come as a surprise to the industry.
3 min read · 24 January 2013
There will be five major groups of investors looking to raise some $80 billion for infrastructure in 2011. Where do you fit in, asks Cezary Podkul.
5 min read · 24 January 2013
UBS Global Asset Management has captured a $75 million commitment from Netherlands investor PGGM for its JV with Shenzhen-based Gemdale Corporation. The residential focused vehicle has already made its first investments.
2 min read · 24 January 2013
Apax has reportedly beat out rival private equity consortiums to become the exclusive bidder on the world’s fourth-largest employer, which has grown considerably under private ownership.
2 min read · 24 January 2013
IMG, the private equity real estate firm run by Maksim Kunin, the former Morgan Stanley head of real estate investing in Russia, has struck a joint venture with Kvartstroy Group to build affordable housing across Russia and Kazakhstan
1 min read · 24 January 2013
KKR, Vornado have bowed out of the running to buy the real estate investment management platform, as TPG, CBRE, Jones Lang LaSalle and Ares Capital Management make it through to the final round of bidding.
2 min read · 24 January 2013
Asia head of acquisitions, Eryck Su, and head of Korea, Tae Kim, are the latest senior executives of RREEF’s Asia business to leave.
3 min read · 24 January 2013
Carlyle's recent buyout of credit hedge fund Claren Road suggests the firm is diversifying revenues with more liquid instruments in advance of an anticipated IPO bid next year, writes Pete Gallo.
3 min read · 24 January 2013
Experts say though debt capital is available, even with alternative lenders coming into the market there still won't be enough lending capacity to deal with the avalanche of refinancing coming up.
2 min read · 24 January 2013
Kasra Sanandaji has joined the New York-based firm as vice president of investments, following stints at Waterman Interests and Stellar Management. Sanandaji will report to Lightstone investment chief Arvind Bajaj.
2 min read · 24 January 2013
