Amid a change of strategy at the firm, Umer Ahmad has moved on from global real estate services giant CBRE. Ahmad was appointed to the post of head of infrastructure in July last year.
2 min read · 17 January 2013
The Rohatyn Group has acquired a 60% stake in mid-market infrastructure private equity firm CapAsia, which focuses solely on non-BRIC emerging Asia. CapAsia has over $400m of assets under management.
2 min read · 17 January 2013
The Hartford, Connecticut-based real estate investment management firm has promoted Charles Weeks to be its next chief executive officer for Europe, the firm announced.
2 min read · 17 January 2013
Rockwood Capital Real Estate Partners IX is seeking $750 million to target hotels, offices, residential and retail properties throughout the US that are underperforming or suitable for redevelopment or expansion.
2 min read · 17 January 2013
The $35 billion pension system has committed the exact amount for which the Greenwich, Connecticut-based firm is offering fee breaks on its latest fund, which recently held a first close on $1.2 billion.
1 min read · 17 January 2013
The New York-based real estate fund manager’s head of US opportunity funds has left after more than 18 years at the firm.
2 min read · 17 January 2013
The role of global head of business development has cropped up in several places of late, due in part to firms realising that their businesses cannot live by fundraising alone.
2 min read · 17 January 2013
The Palmyra Resort & Spa, an unfinished luxury hotel and condo complex in Jamaica, is being sold by the project’s lenders. Bids are due 28 March.
2 min read · 17 January 2013
The New York-based alternative asset manager’s year-end loss in its real estate business included a $15.4 million fourth-quarter net loss and contributed to the firm’s overall $300 million net loss for the year.
2 min read · 17 January 2013
The partners aim to buy large assets around the world, giving clients of Swiss-based Quantum Global access to the asset class.
2 min read · 17 January 2013
