Former NBA star Magic Johnson has endorsed a group created to oppose a House bill that would increase carried interest tax.
2 min read · 22 January 2013
A leading fund manager said today that the shock waves emanating from the subprime mortgage crisis in the US could stifle investment activity in the European commercial real estate market.
3 min read · 22 January 2013
The European fund manager has rolled up and sold a package of German retail property for more than €900m, making three times money for LPs in the European Property Investors vehicle.
2 min read · 22 January 2013
Industrial REIT DCT is working with JP Morgan Asset Management on a joint venture to invest in the US logistics sector.
1 min read · 22 January 2013
Having closed on its third private equity real estate vehicle in March, Atlanta-based Noble Investment Group has bought the Hyatt Regency Milwaukee—its eighth property investment this year.
2 min read · 22 January 2013
Ethos Private Equity, one of South Africa’s largest domestic buyout firms, and Goldman Sachs are heading a consortium to buy local casino Gold Reef Resorts, in the US investment bank’s first deal in the country.
2 min read · 22 January 2013
The New York-based real estate investment firm has reportedly made a second residential acquisition for its new US-focused multifamily fund.
1 min read · 22 January 2013
A year after Carlyle was first mooted as a potential suitor, the US firm has finally gained acceptances from almost 97 percent of shareholders to take over European factory outlet developer Freeport for £155 million (€228miilion;$304 million).
1 min read · 22 January 2013
Peter Struck, head of the SPD faction in the German parliament, is calling for rules to limit private equity’s ability to take controlling stakes in some German companies.
2 min read · 22 January 2013
Lone Star said in a letter to Accredited Home Lenders today that it would loosen the closing conditions of the deal if Accredited agrees to cut its price from $400m to $225m.
2 min read · 22 January 2013
