The upheaval among fundraisers of private equity, real estate and infrastructure funds continues with Evercore’s purchase of an eight-person private placement team from the former Lehman division.
2 min read · 24 January 2013
The Chevy Chase, Maryland-based firm has closed its seventh fund targeting Washington DC debt and equity opportunities.
1 min read · 24 January 2013
Al Rajhi Capital, the investment banking subsidiary of Saudi Arabia’s Al Rajhi Bank, has joined forces with Bahrain-based investment house Arcapita Bank to invest in real estate sectors including warehousing and healthcare.
2 min read · 24 January 2013
A 1999 fund, which was launched when MGPA founders were still at Australian firm Lend Lease, has returned more than 2x equity multiple to investors
1 min read · 24 January 2013
More than $147bn of transactions took place in the last three months of 2009, supporting beliefs property markets worldwide could be enjoying a V-shaped recovery.
2 min read · 24 January 2013
The implosion of General Growth Properties is a highly choreographed, and controversial, phenomenon.
2 min read · 24 January 2013
The Liaoning Huayuankou Investment Fund will make pre-IPO investments in the new materials, new energy, consumer-oriented, media, healthcare, natural resources, industrial technology and aerospace sectors in the city’s Huayuankou Economic Zone.
2 min read · 24 January 2013
In relation to the pay-to-play scandal, Ares and Freeman Spogli have signed on to New York Attorney General Andrew Cuomo’s code of conduct that prohibits the use of placement agents.
3 min read · 24 January 2013
Ares Management and Freeman Spogli & Co. have signed on to New York Attorney General Andrew Cuomo’s placement agent code of conduct.
3 min read · 24 January 2013
Placement agents are once again allowed to interact with New York City pension systems – so long as they comply with strict accreditation and disclosure rules.
3 min read · 24 January 2013
