The State Investment Council last week preliminarily approved increasing its alternatives allocation including real estate, and made its first private equity-like commitment since early 2009.
2 min read · 24 January 2013
Switzerland-based alternative investment firm, Capital Dynamics is to increase its exposure to real estate following the hire of Matthias Sturmer, the former co-owner of Pacific Star Europe, the Munich arm of Singapore-based Pacific Star, which has subsequently been wound up.
3 min read · 24 January 2013
After initially approaching Brit Insurance in June, Apollo has agreed a takeover deal with the board of the company by joining forces with CVC.
2 min read · 24 January 2013
The European Parliament and Council have reached agreement on the final text of the long anticipated Alternative Investment Fund Managers directive.
3 min read · 24 January 2013
Speaking at the PERE Forum in New York, the Colony chairman said that, for some larger investors, cutting out the capital allocators and investing via co-investment structures will be the vehicle of choice for the near future.
1 min read · 24 January 2013
The UK Takeover Panel has introduced a slew of new reforms which could make it more difficult for private equity firms to seize British companies.
3 min read · 24 January 2013
The London-based private equity real estate firm has acquired the Burlington Arcade in London in an 80:20 joint venture with US private property investment firm, Thor Equities.
2 min read · 24 January 2013
The New York investment firm has hired Adam Brooks from Goldman Sachs real estate principal investment area to work with fellow Goldman alumni Brahm Cramer and Jay Nydick.
1 min read · 24 January 2013
After a $6.8bn recapitalisation involving Brookfield, Pershing Square, Fairholme, Blackstone and Texas Teachers, a judge has backed the mall REIT’s plans to leave bankruptcy on or around 8 November.
2 min read · 24 January 2013
Singapore’s Pacific Star need loose no kudos after reeling in two funds that didn’t attract commitments. It should be confident its meshed new effort will fare better.
3 min read · 24 January 2013
