The New York-based private equity real estate firm has sold its ownership interest in two shopping centres in Oregon and Arizona to DDR for $70 million.
2 min read · 17 January 2013
President Barack Obama signed the Jumpstart Our Business Startups Act into law Thursday, signifying huge changes to the way private equity and real estate fundraising is regulated.
2 min read · 17 January 2013
The New York-based private equity giant has agreed to buy a 17 million-square-foot portfolio of 69 US industrial properties from Dexus Property Group on behalf of its BREP VII fund.
2 min read · 17 January 2013
The Massachusetts-based college, which has a $1.8 billion endowment, is searching for a new head of alternatives following the departure of Tim Joeng, who led real estate, buyouts and venture for five years.
2 min read · 17 January 2013
The São Paulo-based real estate fund manager, formerly known as Prosperitas Investimentos, turned away $350 million in commitments for its new Brazil-focused fund, which launched just five months ago.
3 min read · 17 January 2013
Peakside Capital, the spin out from Bank of America Merrill Lynch, has agreed to take over two Polish property funds from Allied Irish Banks. Partners Group has teamed up with Peakside to also buy stakes in the two vehicles.
3 min read · 17 January 2013
The head of the Los Angeles-based real estate firm’s debt investment business officially left his post last week, which will trigger a key-man clause in the platform’s two open-ended funds.
2 min read · 17 January 2013
InfraRed Capital Partners, the real estate and infrastructure investment management business spun out from HSBC, is back on the fundraising trail for its follow-up to its InfraRed NF China Real Estate Fund, which has now been fully deployed.
2 min read · 17 January 2013
A joint venture between the $320 billion Korean pension plan and the New York-based developer and fund manager has purchased the majority ownership interest in 16 office properties in the US, following the privatisation of the Tishman Speyer Office Fund.
1 min read · 17 January 2013
Westport Capital Partner Fund III has closed on more than $571 million in equity commitments, or 15 percent above its target. The value-added vehicle will focus on distressed opportunities throughout the US, including distressed debt and real assets.
1 min read · 17 January 2013
