Investcorp has become the latest firm to take cost-cutting measures as it plans to lose 90 staff across its real estate, private equity, hedge fund and technology businesses. Earlier this week the firm invested in UK debt management company TDX Group.
2 min read · 22 January 2013
The Indian private equity firm is also reportedly on the verge of making a first close on its $800m Asian infrastructure growth fund.
1 min read · 22 January 2013
The private equity firm, formerly called Joseph Littlejohn & Levy, holds a 30% stake in the Canadian company.
1 min read · 22 January 2013
Two unnamed European pensions have committed funds to the Luxemburg-based investment manager.
1 min read · 22 January 2013
The sale of its remaining interest in the Te Rere Hau wind farm in New Zealand is part of the firm's plan to restructure by selling off non-core assets to pay down a debt load of A$3.25bn. Last month Babcock agreed to sell its interest in Portuguese wind assets in a €1.15bn deal.
2 min read · 22 January 2013
The $850m Chicago Firemen’s Annuity and Benefit Fund will make a third secondaries investment by the end of the month.
1 min read · 22 January 2013
The asset manager has sold its interest in Canary Wharf to its new European operation, Brookfield Europe, in deal valued at £333.8m, as part of plans to create single platform. The move is part of Brookfield's efforts to refinance its debt on a longer-term basis.
1 min read · 22 January 2013
A German property fund run by Axa Investment Management has acquired the 27,000-square-metre retail asset in Kalmar, Sweden, from Sveafastigheter. Sveafastigheter retains the right to develop another 13,000-square-metres of space at the retail park.
1 min read · 22 January 2013
The Mumbai-based private equity real estate firm is considering a second fund after closing its first fund, jointly launched with UK fund manager Catalyst Capital. The fund is invested in seven deals in India, including residential and warehouse developments.
1 min read · 22 January 2013
The founder of a notable New York law firm has been accused of impersonating an Ontario Teachers’ Pension Plan official, reportedly in an attempt to defraud real estate and private equity firm, Fortress Investment Group.
3 min read · 22 January 2013
