Bank continues managing out the ill-fated fund that was briefly the largest private equity real estate vehicle in the world when it closed on $8bn in 2007.
2 min read · 18 January 2013
CITIC Capital, the Hong Kong-based private equity and real estate firm is targeting a fundraise of $600m for its latest opportunity real estate fund after investing more than 70 percent of the capital of its predecessor.
2 min read · 18 January 2013
The investment bank has been trying to recruit professionals for a team that would raise private equity funds, a business Goldman says it has been in ‘for a number of years’ and is ‘interested in growing’.
2 min read · 18 January 2013
The real estate arm of the Qatari Investment Authority is the anchor investor in the $700m CityCenterDC project, a 10-acre, mixed-use development in Washington DC.
2 min read · 18 January 2013
Following the investment in Apax Partners in 2009, the Singaporean sovereign wealth fund has reportedly teamed up with Kuwait Investment Authority to buy a 4.5% stake in TPG Capital.
2 min read · 18 January 2013
The New York-based fund manager has hired ACF Capital and Wachovia executive Tony Fineman as EVP to target debt and equity acquisitions and Gramercy Capital’s Laura Godfrey as VP of investor relations.
1 min read · 18 January 2013
Security Properties seeks to raise $50 million for investments in the Western US.
2 min read · 18 January 2013
Tom Barrack’s firm is locked in exclusive 60-day talks with global property broker Grubb & Ellis over a tie-up, having already extended $18m of financing to the company.
2 min read · 18 January 2013
The $955m deal sees TPG and Oaktree partner with former Intrawest founder Joe Houssain to acquire the US and Canadian operations of Taylor Wimpey for a 3.4% premium over its net assets.
2 min read · 18 January 2013
The San Francisco-based firm has officially closed its 10th vehicle exceeding its original target by roughly 20 percent.
2 min read · 18 January 2013