Despite some fears that transactions in 2011 will be “tougher” to find than 2010, Blackstone expects deal flow to increase in the coming 12 months as banks earn their way to health and start dealing with their balance sheets.
2 min read · 24 January 2013
New York and the SEC unveiled suits against former Quadrangle chief Steven Rattner, who may face a lifetime securities ban in New York for his alleged role in pension pay-to-play.
2 min read · 24 January 2013
Tulane University’s $1bn endowment says the financial downturn has provided access to funds that would have been closed to the endowment pre-meltdown, as it looks to invest in up to 10 new PE and RE managers in the coming year.
2 min read · 24 January 2013
The mid-market private equity firm has acquired Tinsa for €100m.
2 min read · 24 January 2013
The Paris-based insurance firm announces Olivier Thoral as head of North America real estate as it looks to grow its global footprint.
1 min read · 24 January 2013
Despite reporting -10.15% returns for the state’s largest pension fund, the Florida State Board of Administration says the asset class is performing significantly better than the benchmark.
2 min read · 24 January 2013
The owner of 885 Third Avenue has filed a pre-negotiated bankruptcy plan for the asset after reportedly defaulting on a $210m loan. The Royal Bank of Canada, which supports the plan, had sued to force a sale of the tower.
2 min read · 24 January 2013
The New York-based firm has appointed Sean Kelly Rand, formerly of boutique Bell Capital Partners and Lehman Brothers, as director to help lead its activities from the UK capital.
2 min read · 24 January 2013
The Japanese buyout firm has invested an undisclosed amount to buy TeleGuam Holdings from US-based Shamrock Capital.
2 min read · 24 January 2013
The Swiss-headquartered global alternatives investor has established a base in Seoul and appointed Alex Cho to head its Korean efforts. The appointment will bring the firm closer to clients including Korea Investment Corporation.
2 min read · 24 January 2013
