The single runway airport will belong solely to Global Infrastructure Partners after it buys out co-owner AIG’s stake in a transaction reportedly valued at £250m. The two firms bought the airport in 2006 from Irish billionaire Dermot Desmond.
1 min read · 22 January 2013
The New York-based firm, through its joint venture with developer Atua Construtora, has closed on its first investment in the country’s affordable housing market.
1 min read · 22 January 2013
The mid-market buyout firm has agreed to a refinancing package – increasingly rare given credit dislocation – for sportswear brand Odlo on terms ‘very similar’ to the senior debt agreement put in place at the time of its original acquisition in 2006.
2 min read · 22 January 2013
The new commitments bring the publicly listed infrastructure fund’s total investments to £546m since inception.
2 min read · 22 January 2013
Xiao Wei joins Anoop Seth as co-head of AMP's Asian infrastructure team, which is currently raising a $750m 'Asian Giants' infrastructure fund that agreed its first deal last month.
2 min read · 22 January 2013
Lehman's private equity real estate arm is not part of the $2.1bn deal by Bain Capital and Hellman & Friedman to acquire the investment bank's prized asset management business, Neuberger Berman. Lehman's private equity funds of funds and secondaries units will be sold.
1 min read · 22 January 2013
Randall Mullan, formerly of British Columbia Investment Management, will spearhead the $223bn pension fund’s infrastructure investment program starting October 14.
1 min read · 22 January 2013
The German real estate and infrastructure lender announced a multi-billion euro credit facility today to shield it from disaster. It was enough, Hypo said, to cover its funding needs “well into the future”. Shares crashed 70 percent on the news.
2 min read · 22 January 2013
The rise of Brazil continues with ING Real Estate Management, one of the world’s largest real estate investment managers, opening an office in São Paulo.
3 min read · 22 January 2013
The biggest bank failure in US history is also one of the biggest publicly disclosed private equity losses in history. TPG has stressed that the investment represented only a small portion of its diversified assets.
4 min read · 22 January 2013
