Harvard University is reportedly in advanced talks to sell underlying investments in around six US-focused real estate funds to China sovereign wealth fund, China Investment Corporation.
2 min read · 24 January 2013
The firm, which anticipates closing Fund VI on $13.5bn, agreed to an 80/20 transaction fee split for Oregon with a slight increase in management fees – a deal it's offering all the fund's LPs.
2 min read · 24 January 2013
Tough fundraising conditions have forced the Texas-headquartered firm to revise its prior plan to raise a combined $20bn for Lone Star Real Estate Fund II and Lone Star Fund VII.
1 min read · 24 January 2013
The Blackstone Group and joint venture partner British Land have signed a deal with existing tenant Swiss bank UBS that ensures its continued presence at their Broadgate office complex
1 min read · 24 January 2013
Mumbai-based alternative investment firm, IL&FS Investment Managers is to bolt management of $400 million of assets onto its books after approving the takeover of rival Saffron Asset Advisors. A merger would be the first significant consolidation in India’s private equity real estate market since the global economic crisis.
2 min read · 24 January 2013
A trio of private equity real estate firms have clubbed together to acquire a second portfolio of bank branches from Banco Bilbao Vizcaya Argentaria.
1 min read · 24 January 2013
Sonny Kalsi, John Carrafiell and Fred Schmidt, a trio of former Morgan Stanley real estate investing heads, form new property firm GreenOak Real Estate with $110m of backing from Dutch listed company, Tetragon. The firm has formed ahead of an expected surge in distressed loan disposals, fire sales, and MBS workouts.
2 min read · 24 January 2013
The summer vacation is inevitably a time to consider one’s future. But as many senior deal makers do just that, they may be disappointed by the limited options open to them at the moment.
2 min read · 24 January 2013
The firm has reinforced its team with two new hires from Citigroup and will make investments in India's real estate space from existing funds.
1 min read · 24 January 2013
The global private equity firm has raised almost half of its target for the Carlyle Beijing RMB fund.
2 min read · 24 January 2013
