The New York-based firm is raising $3bn for its financial services-focused fund. TPG and JC Flowers are also looking to invest in the sector.
2 min read · 21 January 2013
US distressed investor Oaktree Capital Management is reportedly interested in rescuing the UK’s largest estate agency from the brink of collapse. Apollo acquired the firm at the height of the UK housing bubble for £1bn.
2 min read · 21 January 2013
Dubai International Capital and Dubai Group have been placed into the same holding company, while the debt-laden emirate has also combined back office functions for its three real estate entities.
2 min read · 21 January 2013
The Greenwich, Connecticut firm says 15 investors signed commitments for the vehicle which is targeting debt and equity deals in listed and unlisted real estate operating companies.
1 min read · 21 January 2013
The French firm's consolidated revenues have surpassed €4bn for the first time. Debt levels are not a concern either at portfolio or group level, the firm has said.
2 min read · 21 January 2013
Japanese private equity real estate firm KK daVinci sees its equity raising plans and the value of its assets under management hit by worsening market conditions in Japan.
2 min read · 21 January 2013
MGPA, the European and Asian private equity real estate firm, is creating value in Paris by pre-letting a development scheme to one of the country’s leading corporations.
1 min read · 21 January 2013
The firm reportedly intends to acquire more properties in Malaysia through its Asia Fund III, which raised $3.9 billion in equity at final close last year.
1 min read · 21 January 2013
Looming year-end revaluations have put secondary deals on ice – but a $30bn ‘avalanche’ of closable deal flow awaits.
3 min read · 21 January 2013
Former Blackstone partner and Saul Steinberg protegee Henry Silverman will become the firm’s first chief operating officer. In 2007, he sold the reportedly now insolvent real estate company Realogy to Apollo for $8.5bn.
1 min read · 21 January 2013
