Washington DC-based The Carlyle Group has closed its Asia Real Estate Partners II fund on $485m after setting out to raise $1bn in 2008. The company has remained active in raising capital and deploying equity over the past year.
1 min read · 24 January 2013
The Hong Kong-based private equity real estate firm has held a closing of more than $325 million for its CR China Retail Real Estate Development Fund I. The firm, majority-owned by state-owned China Resources Group, is aiming to raise $500m for the fund in total.
1 min read · 24 January 2013
Another week, another crucial AIFM Directive vote delayed. Adding to GPs’ anxiety is the fact that the longer the process drags on, the more unfavourable amendments seem to be added to the bill, such as one apparently banning ‘asset-stripping’
2 min read · 24 January 2013
The Beverly Hills-based investment firm has entered into an equity joint venture with debt shop PCCP to acquire the Summer House apartment complex in Alameda for $86m.
2 min read · 24 January 2013
As the parent company of CWCapital searches for a buyer, Apollo Global and Centerbridge Capital have reportedly made competing bids, while Warren Buffett is also eyeing the US’ second largest special servicer.
2 min read · 24 January 2013
The so-called ‘real asset’ class is attracting increasing attention from LPs for its inflation-hedging capabilities. That has prompted one real estate fund of funds manager to also enter the space.
3 min read · 24 January 2013
A year after launching a secondaries desk, the global inter-dealer broker will start fundraising for private equity, hedge fund and other alternative investment vehicles.
2 min read · 24 January 2013
The New York firm has co-invested in a hotel asset which will be turned into a luxury offer complete with 70 new rooms and 50 suites
1 min read · 24 January 2013
The Mumbai-based firm is also set to begin marketing a $100m real estate fund targeting domestic opportunities.
2 min read · 24 January 2013
The Mumbai-based firm is also set to begin fundraising for a $100m real estate fund targeting domestic opportunities.
2 min read · 24 January 2013
