The private equity real estate firm with more than $3bn in dry powder has told investors they can reduce their commitments by a tenth without penalty.
1 min read · 21 January 2013
After 2008 saw 16.6 percent wiped off the value of UK houses, there are signs that confidence is returning to the residential sector with respondents to a recent survey saying they view it as a time to buy.
2 min read · 21 January 2013
The UK-listed infrastructure fund is continuing to raise equity for its debut unlisted investment vehicle for the country despite the the effects of the global financial crisis.
1 min read · 21 January 2013
A mortgage company has teamed with a title company to launch First Equity Capital, a fund ‘to stem the tide of foreclosures and delinquencies’ in the US housing market. In December, more than 300,000 home owners filed foreclosure in the US.
2 min read · 21 January 2013
The New York-based private equity firm will purchase the outstanding shares of PharmaNet Development Group for $5 a share in a deal valued at close to $100 million.
1 min read · 21 January 2013
Infrastructure investors active in the region can expect more club deals by banks and a resurgence of multilateral and export agencies as sources of liquidity, according to project finance lawyers at law firm Shearman & Sterling.
3 min read · 21 January 2013
Colony and the casino company’s main backers are planning to inject an extra $244m into the gaming operator as it struggles with its debt load. Station, which missed a debt interest payment today, revealed Chapter 11 could be part of its restructuring plan.
2 min read · 21 January 2013
The AG Asia Realty Fund II would be almost double the size of its predecessor and would invest across all sectors, primarily in China and Japan, with a secondary focus on Korea and Southeast Asia.
1 min read · 21 January 2013
A Senate bill sponsored by Chuck Grassley and Carl Levin would require all private funds to publicly disclose the identities of their LPs, as well as the value of assets under management, if the bill passes.
2 min read · 21 January 2013
A survey of European real estate fund managers and investors reveals private property vehicles and ‘conservative’ institutional investors will be the investment driving force in the next 12 months. Private funds raised €23bn of equity in 2008 and are set to target Munich and Hamburg in 2009.
2 min read · 21 January 2013
