The private investment firm of Sam Zell and Gary Garrabrant has exited its investment in the company behind China’s fifth largest industrial portfolio to Jeff Schwartz’ Global Logistics Properties.
2 min read · 18 January 2013
The San Francisco-based firm has purchased a $25 million commitment to Buchanan Street Partners' fifth fund, the $400 million Buchanan Fund V, in its first secondary acquisition since the start of the global financial crisis.
2 min read · 18 January 2013
The Garden State's investment division has resolved to commit to the Greenwich, Connecticut-based private equity real estate firm's US opportunistic fund.
2 min read · 18 January 2013
The South Africa affordable housing focused firm has invested more than half of the committed capital to its debut private equity real estate fund, South African Workforce Housing Fund, and is now plotting a successor vehicle.
2 min read · 18 January 2013
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
2 min read · 18 January 2013
The Singapore-based firm has raised the first $300 million for its ARA Asia Dragon Fund II opportunity fund thanks largely to support from the Teacher Retirement System of Texas. A second $200m closing is expected by the end of next month.
2 min read · 18 January 2013
The London-based firm founded by Ric Lewis has garnered more than €300m for Curzon Capital Partners III as it nears its €500m target.
1 min read · 18 January 2013
The FDIC’s board voted unanimously to seek comments on the proposal through 13 January. The Federal Reserve also stated it would accept feedback by that date.
2 min read · 18 January 2013
Pramerica Real Estate Investors is to manage its first open-ended real estate fund in Asia after consolidating 11 assets previously held by its series of Asia retail funds.
2 min read · 18 January 2013
Luxembourg Fund Partners has launched an open-ended vehicle to buy and retain branded hotels and freeholds in Europe.
2 min read · 18 January 2013