Warburg Pincus has received commitments from 340 investors for its latest buyout fund, which will target real estate and other strategies. The firm also will offer a fee break to LPs committing $200 million or more.
1 min read · 17 January 2013
The Africa, Asia and Latin America-focused private equity firm has completed the third exit of its $150m Actis Africa Real Estate Fund selling its 85% stake in the Accra Mall in Ghana to South African buyers.
2 min read · 17 January 2013
The $110 billion pension fund has contributed $150 million each to Apollo’s US Real Estate Fund and Westbrook’s Fund IX.
2 min read · 17 January 2013
The New York-based real estate, infrastructure and real resources investment platform of Franklin Templeton Investments has amassed a total of $319.2 million in commitments for its third global multi-manager fund, which was the first of its funds to target US institutions.
2 min read · 17 January 2013
The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 17 January 2013
The state’s $15 billion permanent endowment has approved an increase in its real estate allocation target from 6 percent to 7 percent as part of a larger objective to double the target to 10 percent by year’s end
2 min read · 17 January 2013
The New York-based private equity giant has made a deal with global hotel operator Accor to buy its US economy hotels division on behalf of BREP VII.
2 min read · 17 January 2013
The Houston-based real estate firm has corralled a total of €390 million for its Hines Russia & Poland Fund, giving the vehicle total leveraged purchasing power of €900 million in the region.
3 min read · 17 January 2013
A cocktail of firms, including Gaw Capital, a major US institution, the Italian Fingen Group of the Fratini family and Sino-US company Waitex, have clubbed together for a designer outlet joint venture, with Henderson Global Investors acting as investment advisor alongside the RE development arm of Fingen.
2 min read · 17 January 2013
The contribution to $125 million value-added shopping centre vehicle follows the university’s recent commitment to real estate funds from The Related Companies and BLG Capital.
2 min read · 17 January 2013
