Morgan Stanley VP Insa von Jürgensonn has joined the fund management arm of global property services firm Jones Lang LaSalle as fund manager for the firm’s German funds also overseeing the firm’s Northern European assets.
1 min read · 21 January 2013
The London-based start-up, Internos Real Investors, has hired Richard Peskin, the recently-retired chairman of quoted property company Great Portland Estate. He joins the firm as a capital partner.
1 min read · 21 January 2013
The European private equity real estate firm Orion Capital Managers has recruited Roberto Roca as investment director to run its Iberia business.
1 min read · 21 January 2013
Contra Costa County Employees’ Retirement Association is reportedly considering withdrawing a proposed $75m commitment to Morgan Stanley's latest global property fund, amid concerns over leverage and personnel changes. Contra is the second US pension to pull back on provisional commitments to MSREF VII this year.
2 min read · 21 January 2013
Goldman Sachs’ sixth buyout fund is poised to increase its stake in Universal Studios Japan. The tender offer it will launch Monday, if successful, would be one of the largest private equity deals agreed in Japan in more than a year.
2 min read · 21 January 2013
David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from private equity and hedge funds including Carlyle, Riverstone, Aldus, Falconhead, Odyssey, Access Capital, GKM Newport, Paladin Capital Group, Pequot and PCG.
4 min read · 21 January 2013
The private equity firm, which first bought into MBIA in 2007, has increased its stake after the bond insurer separated its municipal bond insurance arm from its mortgage-backed insurance unit in an attempt to restructure.
2 min read · 21 January 2013
A consortium led by the Bahrain-based listed private equity firm has acquired a 70% stake in L’Azurde, a Saudi Arabian jewellery company valued at $300m. The demographics underpinning MENA's demand for jewellery are encouraging, said co-head of Investcorp’s Gulf growth capital business, Azmat Taufique.
2 min read · 21 January 2013
The California-based firm is buying the newspaper, which has a weekday circulation of 270,000, as the newspaper industry continues to contract amid plummeting sales.
2 min read · 21 January 2013
The firm's private equity arm wants to use half the uninvested capital from its $20bn buyout fund to back distressed companies and buy discounted debt.
2 min read · 21 January 2013
