Jeff Giller has now left the San Francisco-based secondaries shop after four years with the firm.
1 min read · 21 January 2013
BAA has agreed to sell the UK’s second largest airport, ending months of negotiations. Rival bids from syndicates featuring Borealis and Citi were trumped by GIP, which reportedly secured more than £1bn in debt financing.
2 min read · 21 January 2013
The São Paulo-based firm raised more than half the capital since September 2008, targeting North American and European investors. The firm will focus on office and affordable housing developments in Brazil.
2 min read · 21 January 2013
Airport operator BAA has used an appeal tribunal to criticise the UK Competition Commission decision last year ordering it to offload three of its airports, including Gatwick and Stansted.
2 min read · 21 January 2013
The Hospitality Development Fund hopes to raise $1bn to invest in development projects, hospitality and entertainment companies in Asia and the MENA region.
1 min read · 21 January 2013
The Washington D.C. firm wants to develop real estate with the capacity for up to 7,000 beds in the Benelux region.
2 min read · 21 January 2013
The jointly managed vehicle with Japanese financial heavyweight Sumitomo Trust & Banking is the second in a four- fund Asia strategy for the French insurance giant aimed at partnering with managers in each of its target countries.
1 min read · 21 January 2013
The Swiss bank has reportedly agreed to sell its London office at 20 Columbus Courtyard to a Lebanese consortium led by M1 Real Estate.
1 min read · 21 January 2013
In 2009 to date, 145 defaulted commercial mortgages have been liquidated by banks. Those sales generated $1.9bn in proceeds compared to their original balance of $3.2bn. International banks are leading the recovery efforts.
2 min read · 21 January 2013
Ian Laming, a former co-head of equity and fixed income research, has reportedly joined Ric Lewis’ Tristan Capital Partners in London.
1 min read · 21 January 2013