The publicly listed investment firm also disclosed in its second quarter earnings call that it is nearing its $2.5bn target on a private equity-style credit fund – yet its fundraising pace has dropped more than 70 percent compared to the same period last year.
2 min read · 22 January 2013
The New York-based private equity real estate firm is in the final stages of closing its third European real estate fund, Blackstone Real Estate Partners Europe III. The firm is also raising a distressed real estate fund led by former Merrill Lynch Americas real estate head, Mike Nash.
2 min read · 22 January 2013
The Vietnam-focused real estate fund has hired Australian real estate development pro David Henry to oversee site acquisitions in early stages of development.
1 min read · 22 January 2013
The real estate division of Bahrain-founded Investcorp has started to invest its latest US debt vehicle by acquiring $210m of junior and mezzanine loans.
1 min read · 22 January 2013
A consortium of Dallas- and Houston-based private equity investors, including Charter Private Equity, White Oak Capital Partners and Capital Point Partners, has acquired the casual dining restaurant chain, known for its fish tacos and shrimp dishes.
1 min read · 22 January 2013
The Boston-based private equity firm could lose almost half its investment in US discount clothing store Steve & Barry’s after hedge fund Bay Harbour submitted a stalking horse bid. The retailer filed for Chapter 11 protection last month, two years after TA Associates paid a reported $320m for roughly half the company.
2 min read · 22 January 2013
Citi Property Investors and Gazit-Globe have finalized their deal to invest in listed European developer Meinl European Land. Meinl will now be known as Atrium European Real Estate targeting the retail real estate markets of Central and Eastern Europe.
2 min read · 22 January 2013
The firm has bought two high-rise towers with a reported value of about $250m in the former Portuguese colony turned casino enclave.
1 min read · 22 January 2013
The new vehicle , already 20 percent invested, will invest in high specification commercial premises in Southeast Asia, Hong Kong and China.
1 min read · 22 January 2013
The Russia-based asset management firm has held a first close for its follow-up real estate fund. The first vehicle raised $130m last year, for which all the capital has been invested. The latest fund is expected to close on $300m in November.
1 min read · 22 January 2013
