The firm has now raised a total of $350m so far from domestic investors for India Advantage Fund Series III.
2 min read · 21 January 2013
Transactions may be down but there is some encouragement with direct commercial real estate deal volumes picking up in each of the last three quarters.
1 min read · 21 January 2013
After months of negotiations, Morgan Stanley has transferred the ownership of five San Francisco offices to AREA, which provided mezzanine financing for the original $2.6bn deal.
1 min read · 21 January 2013
The mega-firm is entering the amusement park sector, following several other firms that have acquired parks this year. But the sector has in some cases been a roller coaster for private equity returns.
2 min read · 21 January 2013
A proposed rule in California would turn placement agents into lobbyists. It’s yet another challenge to the definition of what a placement agent is.
3 min read · 21 January 2013
Europe and Asia-focused MGPA is buying a company with more than 2,600 acres of land on behalf of its latest European fund, raised in 2008.
2 min read · 21 January 2013
Roughly $170bn of properties were classed as troubled, had been taken back by lenders or resolved at the end of November, according to Real Capital Analytics. Las Vegas leads the way with $17.7bn of distress.
2 min read · 21 January 2013
As the Chicago-based firm announced plans by John O’Donnell to retire in April, JBC said it was also opening a Philadelphia office to be led by funds director Charles Beaver (pictured).
2 min read · 21 January 2013
Limited partners urged to start serious discussions with GPs about portfolio and asset valuations, as institutional investors attempt to choose tomorrow’s winners.
3 min read · 21 January 2013
The real estate platform of Leon Black-led Apollo is vying with ING and Australia’s Macquarie Group to buy the management of the $8bn private equity real estate business of Citigroup
2 min read · 21 January 2013
