Following the departure of its German head earlier this year, the financial services-focused private equity firm is parting company with Ravi Sinha, who is replaced by Flowers’ Australia head David Morgan. The firm has also recruited a former UK regulatory boss.
2 min read · 21 January 2013
Joe Gorin has joined the White Plains, New York-based real estate investor in the newly-created role of director and head of office asset management.
1 min read · 21 January 2013
The London-based manager is reportedly buying 13 logistics and manufacturing units from Royal Bank of Scotland for £27m. It comes as Rockspring holds a £152m first close on its UK Value Fund.
2 min read · 21 January 2013
Blackstone, Centerbridge and Welsh Carson will not see commitments from New Jersey yanked following revelations that the firms unwittingly broke campaign donation rules.
3 min read · 21 January 2013
The MENASA-focused firm will use the new capital to seed new funds and possibly make strategic acquisitions.
1 min read · 21 January 2013
In 2009, Americans have received warning after warning that their governments face alternatively a ‘decade of debt’ or a ‘lost decade’ due to massive, painful and protracted budget deficits that are here to stay. Opportunities are abound for infrastructure investors – but so are the pitfalls.
5 min read · 21 January 2013
An accidental musical interruption at the PERE Forum in New York could represent LP-GP relations over the past year. But where does the future funding model lay for LPs and GPs? By Zoe Hughes
3 min read · 21 January 2013
Barclays Capital takes over Crescent Real Estate Equities from Morgan Stanley. The deal transfers liability for all Crescent’s debts to BarCap.
2 min read · 21 January 2013
The Massachusetts Mutual Life Insurance affiliate has purchased the European RE platform from Smedvig Capital in a deal which results in a 58% IRR and an equity multiple of 6.2x for the London-based private equity firm.
2 min read · 21 January 2013
Amid speculation the US government could extend the life of one of its bailout programmes, TARP, real estate economist Sam Chandan argues at the PERE Forum that rebuilding the securitisation market would have more impact on the challenges facing the industry.
2 min read · 21 January 2013
