The Dallas-based private equity and real estate firm has agreed to buy the remaining loans in the €1.8 billion Excalibur portfolio from Germany’s central bank, marking its fourth major nonperforming loan acquisition in Europe in as many months.
1 min read · 17 January 2013
Philip Fitzgerald, who was part of the team that ran Paladin’s active Latin American investment platform, has left the firm to pursue other opportunities.
2 min read · 17 January 2013
AIG Global Real Estate, the one-time $40 billion real estate investment management business of credit crunch poster-boy American International Group, wants to be a real estate player again. It might just have the capacity for a comeback.
4 min read · 17 January 2013
The Toronto-based residential real estate investment firm has invested in a Dallas mixed-use development and a Houston master-planned community on behalf of its eleventh commingled fund and a separate account, respectively.
2 min read · 17 January 2013
The London-based private equity real estate firm reportedly is in talks to recapitalise Structadene, which owns 700 properties worth a reported £1 billion.
1 min read · 17 January 2013
The indictment of Detroit's former treasurer has revealed an alleged pension pay-to-play scheme, in which several private equity real estate managers, consultants and small-scale buyout firms are accused of providing bribes in exchange for business with two of the city’s municipal pension systems.
3 min read · 17 January 2013
The revolving door of private equity leaders at US public pensions continues to spin as Steve LeBlanc, one of the most influential LPs in the market, has decided to head to the private sector.
2 min read · 17 January 2013
The Washington, DC-based alternatives manager is set to raise up to $800 million in its forthcoming initial public offering, which would value the group at about $8 billion.
1 min read · 17 January 2013
The Hong Kong-based private equity real estate firm, founded in 2005, is approaching the prerequisite investment hurdle of its third China-focused opportunity fund. It is now paving the way for its biggest fund offering yet.
3 min read · 17 January 2013
The Los Angeles-based real estate fund manager has purchased the troubled Block 37 from Bank of America for $84 million. The firm plans to lease up the property, which is currently 70 percent vacant.
2 min read · 17 January 2013
