The London-listed property services firm’s slated merger with France’s BNP Paribas has fallen apart. Its chairman and chief executive blame the collapse on the wider financial issues in the Eurozone.
2 min read · 18 January 2013
Rob Wesselo, managing partner of International Housing Solutions (IHS) is forecasting the imminent birth of the listed rental housing sector in South Africa giving his firm a wider pool of exit options for its debut fund and incoming successor fund.
5 min read · 18 January 2013
After ending their initial $1.12 billion deal to acquire 64 properties owned by the bankrupt hotelier, the New York-based private equity firm and Florida-based hotel REIT have reached a new tentative agreement to buy the business at a reduced price of $1 billion.
1 min read · 18 January 2013
The South Africa affordable housing focused firm has invested more than half of the committed capital to its debut private equity real estate fund, South African Workforce Housing Fund, and is now plotting a successor vehicle.
2 min read · 18 January 2013
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
2 min read · 18 January 2013
Stephen Smith has left the Chicago-based real estate investment firm just ahead of a final closing on its second opportunistic retail fund.
2 min read · 18 January 2013
In addition to hiring Rennyson Merritt as a partner in Boston, the Merrill Lynch private placement spinout has added six other professionals to its team recently.
1 min read · 18 January 2013
JER Partners has entered into an agreement for LaSalle Investment Management to advise and manage the 13 investments in its European portfolio, the two parties confirmed today.
2 min read · 18 January 2013
The Singapore-based firm has raised the first $300 million for its ARA Asia Dragon Fund II opportunity fund thanks largely to support from the Teacher Retirement System of Texas. A second $200m closing is expected by the end of next month.
2 min read · 18 January 2013
The London-based firm founded by Ric Lewis has garnered more than €300m for Curzon Capital Partners III as it nears its €500m target.
1 min read · 18 January 2013
