Mohamed Layas, chairman of Libya’s state investment arm, has reportedly said ‘there is no deal’ to sell a majority stake in the oil refiner and distributor, Tamoil, to Los Angeles-based private equity firm Colony Capital.
2 min read · 22 January 2013
Pirelli RE of Italy revealed in its annual results that it is still discussing with German retail group Arcandor the purchase of a 49 percent stake in a retail property joint venture held with Goldman Sachs.
2 min read · 22 January 2013
Sports Venture Partners, a private equity firm founded by ex-NFL player Jim Flanigan and former Redskins marketing director John Wagner has closed its first real estate-focused fund of funds.
1 min read · 22 January 2013
The private equity real estate firm has picked up an upscale residential development adjacent to the city’s Central Perimeter business district.
1 min read · 22 January 2013
The $7.3 billion Arizona Public Safety Personnel Retirement System is looking to significantly increase its exposure to real estate across the US and internationally.
2 min read · 22 January 2013
The $121 billion CPPIB today argued before US lawmakers that it should not be lumped in with all sovereign wealth funds, as legislators in California attempt to bar the US’ largest pension groups from investing in private equity funds tied to sovereign wealth funds.
3 min read · 22 January 2013
Greece’s Marfin Investment Group (MIG), which raised a jumbo €5.2 billion listed private equity fund last year, has taken a controlling equity interest in Croatian tourism and leisure group Sunce Koncern.
2 min read · 22 January 2013
The private equity arm of the US’ third largest securities firm is set to take a 60 percent stake in ABC Learning, the world’s biggest publicly traded owner of childcare centers.
2 min read · 22 January 2013
Pan-European firm Catalyst Capital has acquired three supermarkets in Rome and a newly developed shopping centre in Bologna for €84m.
1 min read · 22 January 2013
The Spain-based international private equity hotel investment firm with links to London’s Patron Capital has acquired a property in Paris to convert into a boutique hotel.
1 min read · 22 January 2013