Daniel Cummings will become a senior advisor for international real estate at The Carlyle Group after joining as a managing director in 2000.
2 min read · 23 January 2013
The Los Angeles-based fund, tied to basketball legend Magic Johnson, will partner with a developer to build a 266-unit project as part of an urban revitalization in the city’s Southeast quadrant.
2 min read · 23 January 2013
The Virginia-based firm has agreed to buy limited-service operator Jameson Inns for $371m, gaining a bigger foothold in the hotel sector in the Southeast and Midwest.
2 min read · 23 January 2013
Travel and real-estate company Cendant announced plans to sell its travel distribution services subsidiary Travelport—which includes its Orbitz and CheapTickets businesses—to The Blackstone Group for about $4.3bn in cash.
1 min read · 23 January 2013
Brentwood Associates will sell the consumer-product company to Carlyle after a hotly contested auction.
1 min read · 23 January 2013
Shares of KKR Private Equity Investors, listed on the Euronext Amsterdam exchange, closed today at $22.39 per share, down nearly 9 percent since the vehicle went public on May 3.
2 min read · 23 January 2013
Standard Chartered Private Equity has invested HK$370 million in a Chinese real estate development company, its second investment in a mainland China property in less than two months.
1 min read · 23 January 2013
The US and UK-based investor has paid £571m for 290 managed pubs from Punch Taverns, its largest deal in Europe to date.
2 min read · 23 January 2013
European mezzanine provider Intermediate Capital Group also put a record amount of capital to work in the fourteen months to 2005, arranging or providing £899m of debt financing.
2 min read · 23 January 2013
Leisure parks in Europe attract customers from across the world. US and European private equity firms, it seems, are also along for the ride. By Robert Venes.
3 min read · 23 January 2013
