The French quoted investment group with €6 billion under management has rationalised its business and sold its non-core interests in venture capital and real estate for $214 million to US insurer AIG.
2 min read · 22 January 2013
Two US real estate investment firms have struck separate sale and leaseback deals with Kwik-Fit in Europe totaling €213m.
1 min read · 22 January 2013
Charlie McCreevy, the European Union’s internal market commissioner, has leapt to the defence of the private equity and hedge fund industries, while criticising their public relations efforts.
2 min read · 22 January 2013
The Blackstone Group is reportedly close to filing for an initial public offering of the firm just weeks after Steven Schwarzman dismissed the public markets as a source of capital for buyout fundraising.
2 min read · 22 January 2013
The Institutional Limited Partners Association has appointed Kathy Jeramaz-Larson to run its day-to-day operations.
1 min read · 22 January 2013
As expected, UK-listed buyout group 3i has sold UK car park operator NCP to Macquarie for £790m, realising a substantial profit just a year and a half after buying the company.
2 min read · 22 January 2013
A group of investors, including Blackstone Real Estate co-head Chad Pike, discussed the evolution of private equity real estate and infrastructure during a panel discussion yesterday at MIPIM.
2 min read · 22 January 2013
London-based Europa Capital has held a first close of €100m on its new fund targeting property in Eastern and Southeastern Europe, which is being headed up by former EBRD pro Tim Norman.
1 min read · 22 January 2013
Global private equity placement agent Helix continues its US expansion, with the addition of a senior vice president to its New York office.
1 min read · 22 January 2013
The private equity firm has sold a majority stake in its German residential company to Morley Fund Management and Round Hill Capital.
2 min read · 22 January 2013
