Canada-based China Select Capital Partners has received approval from the municipal government of Suzhou Industrial Park to set up funds denominated in the Chinese currency.
1 min read · 24 January 2013
Mexico’s private pension funds will reportedly make more than $1bn worth of new investments in asset classes such as real estate, infrastructure and private equity.
1 min read · 24 January 2013
RREEF and ING Clarion’s real estate securities arm have backed Simon Property Group’s revised recapitalisation plan for bankrupt REIT General Growth Properties.
2 min read · 24 January 2013
The European business led by Simon Marrison and Susan Lloyd-Hurwitz also has a new value added strategy to create core assets.
2 min read · 24 January 2013
The private equity investment firm has hired Tatsuya Kubo from Fortress Investment Group to head what will it be its second Asian office.
1 min read · 24 January 2013
Steven Rattner and Howard Margolis (pictured) will join the family foundation of New York mayor Michael Bloomberg, alongside 18 other former Quadrangle employees. Willett is operating from Bloomberg's Upper East Side office.
3 min read · 24 January 2013
Steven Rattner and Howard Margolis will join the family foundation of New York mayor Michael Bloomberg, alongside 18 other former Quadrangle employees.
3 min read · 24 January 2013
CalPERS this week succumbed to public pressure by banning investments with managers who target rent-controlled properties for conversion to market rates. Such deals have burned the pension politically and, in the case of Stuy Town, financially.
3 min read · 24 January 2013
The private equity and real estate giant has reportedly teamed up with a group of investors, led by Centerbridge Partners and Paulson & Co., in a $905m bid for bankrupt hotel chain Extended Stay.
1 min read · 24 January 2013
The Sydney-based developer and fund manager closes on A$500m for its Australian Prime Property Fund Retail. The vehicle will be used to “retire debt from recent acquisitions” according to a statement from the company.
1 min read · 24 January 2013
