The UK asset manager continues to beef up its operation with the appointment of James Buckley as head of its Asia fund of funds.
1 min read · 22 January 2013
The New York-based private equity real estate firm is selling two Boston office buildings acquired through its Brickman Real Estate Fund II.
1 min read · 22 January 2013
A survey has found that 25 percent of European investors are considering cutting their exposure to real estate funds in the short-term, yet investors are also planning to increase their exposure to opportunity funds.
3 min read · 22 January 2013
Boca Raton, Florida-based private equity firm Sun Capital Partners has acquired value-priced retailer Gordmans, which counts 65 stores in the Midwestern US.
2 min read · 22 January 2013
Valued by regulators at £1.8bn, the sale of the UK airport could fetch as much as £3bn for the Spanish airport investor. The announcement came less than a month after the UK’s Competition Commission published preliminary plans to force BAA to sell three of its seven airports.
2 min read · 22 January 2013
Indian real estate investment firm Trikona Capital is selling a third portfolio to a German fund manager with $21 billion under management.
1 min read · 22 January 2013
The private investment firm has repurchased the 70-store retail company, which includes souvenir and Harvey Davidson stores in Las Vegas and Atlantic City, after previously acquiring the company just five years ago.
2 min read · 22 January 2013
The Danish fund manager has appointed former Schroder fund of funds executive, Marko Multas, to help lead investments from its second global vehicle, Sparinvest Property Fund II. Asia will be a larger focus for the fund, prompting the firm to hire Redevco Asia's Dr. Robert Lie as an adviser.
1 min read · 22 January 2013
As British bank Barclays snaps up Lehman’s core investment banking businesses, the fate of the bankrupt bank’s investment management division including its private equity and real estate portfolio has yet to be sealed.
1 min read · 22 January 2013
The publicly listed fund of funds is now trading at almost a 50 percent discount to NAV. In a statement, the fund says it is “hopeful” that a deal for Lehman’s asset management and alternatives units “will be made within a very short period of time”.
2 min read · 22 January 2013