The London-based private equity real estate firm has acquired the Burlington Arcade in London in an 80:20 joint venture with US private property investment firm, Thor Equities.
2 min read · 24 January 2013
The New York investment firm has hired Adam Brooks from Goldman Sachs real estate principal investment area to work with fellow Goldman alumni Brahm Cramer and Jay Nydick.
1 min read · 24 January 2013
After a $6.8bn recapitalisation involving Brookfield, Pershing Square, Fairholme, Blackstone and Texas Teachers, a judge has backed the mall REIT’s plans to leave bankruptcy on or around 8 November.
2 min read · 24 January 2013
Singapore’s Pacific Star need loose no kudos after reeling in two funds that didn’t attract commitments. It should be confident its meshed new effort will fare better.
3 min read · 24 January 2013
Offshore LPs are giving a lukewarm reception to Shanghai’s Qualified Foreign LP programme until it is finalised.
3 min read · 24 January 2013
Timothy Recker has taken over the chairmanship of the Institutional Limited Partners Association from outgoing chair Joncarlo Mark of CalPERS.
2 min read · 24 January 2013
Singapore-based Pacific Star, the largest private equity real estate firm in the country, has decided to mesh two fundraising efforts for vehicles with differing strategies into just one.
2 min read · 24 January 2013
Swedish mid-market private equity house Litorina, led by managing partner Harold Kaiser, has smashed its SEK2bn target for Fund IV.
1 min read · 24 January 2013
The New York-based value-add investment firm eyes the commercial real estate workout space as it partners with Green River Capital to form UrbanAmerica Res Services.
1 min read · 24 January 2013
A group of nine traders, led by Bob Howard, will join KKR in New York, setting the stage for the alternative investment giant to build a major hedge fund operation.
2 min read · 24 January 2013
