The Denver-based hospitality private equity firm has held a final closing on its third fund, significantly exceeding its original target.
2 min read · 18 January 2013
Investors’ top priority when committing to new funds is not track record, but hard to quantify management performance measurements such as succession planning and depth of talent bench, according to a private equity focused survey by Green Peak.
2 min read · 18 January 2013
Entree to Europe for Kennedy Wilson as the California-based firm takes over the property investment management book of troubled Bank of Ireland. The deal means the value of Kennedy Wilson’s global real estate assets under management will grow to almost $10 billion.
2 min read · 18 January 2013
Genting Malaysia Berhad has purchased the newspaper’s offices and adjacent land from McClatchy for $236 million.
1 min read · 18 January 2013
The investment and asset management division of global insurance giant Aviva plans to attract UK pension funds to the vehicle which will be used to make investments in ‘principal and mature markets’ in Europe ex-UK, North America and Asia Pacific.
2 min read · 18 January 2013
The real estate investment arm of the insurance giant has opened a second office in Brazil as it looks to the country's residential, industrial, retail and office markets.
2 min read · 18 January 2013
The Teacher Retirement System of Texas has added $200 million in equity to a discretionary co-investment vehicle formed with the Chicago-based firm in 2009.
2 min read · 18 January 2013
GE Capital Real Estate has formed a two-year joint investment venture to buy studio and one bedroom apartments in the Japanese capital with Europe-based Aberdeen Asset Management.
2 min read · 18 January 2013
A partnership between the US investment firm and a Hong Kong developer has sold the newly-renovated office and retail building for $125 million.
1 min read · 18 January 2013
A joint venture between JP Realty and KGW Real Estate has increased its fundraising target from $150 million.
2 min read · 18 January 2013
