The Florida State Board of Administration, which manages the state’s $113bn pension funds, has made commitments to ABRY, Oaktree and Varde, and is negotiating commitments to Audax and GSO.
2 min read · 24 January 2013
The senior management of HSBC’s infrastructure and real estate arm is in talks with the parent bank regarding a management buyout. The deal would leave HSBC with a 20% stake in its specialist unit and would pre-empt expected regulatory changes that could impact banks’ ownership of private equity vehicles.
2 min read · 24 January 2013
Emirates Business has reported that Rasmala Investment Bank, the Dubai-based investment bank, has thrown its hat into an increasingly expanding ring of investment firms aiming to capitalise on the country’s lack of quality real estate.
2 min read · 24 January 2013
Hamilton Lane has been selected to take over as the Washington State pension plan’s private equity mandate from Capital Dynamics.
1 min read · 24 January 2013
The London-based environment-focused fund manager and adviser has established a new European renewable energy infrastructure asset management team headed by former Infracapital Partners principal Stephen Lilley.
2 min read · 24 January 2013
The Dutch pension fund manager has teamed up with retail REIT Inland Real Estate to target grocery-anchored and community retail centres in the Midwest
2 min read · 24 January 2013
The Greenwich, Connecticut-based firm said it will “aggressively” target US hospitality after acquiring a minority stake in private hotel investment firm Hersha Hospitality Management.
2 min read · 24 January 2013
Racebrook Capital, which is still raising its first discretionary real estate fund, is eyeing the massive amount of CMBS product that is due or coming due, following reports of record delinquencies.
2 min read · 24 January 2013
The bank is considering selling five of its private equity fund management businesses, one of which invests in real estate properties throughout the US and Latin America. The potential moves comes as a result of the changing regulatory requirements of the banking industry.
1 min read · 24 January 2013
Washington DC-based Carlyle has reportedly offered around £440m to buy the ‘Thames Portfolio’ of properties linked to the problematic 2007 White Tower CMBS
1 min read · 24 January 2013
