A group of nine traders, led by Bob Howard, will join KKR in New York, setting the stage for the alternative investment giant to build a major hedge fund operation.
2 min read · 24 January 2013
The pension fund has acquired a 45% stake in two Vornado office properties for $91m. The Canadian plan is increasingly targeting direct, core deals as it eyes major US cities.
1 min read · 24 January 2013
Wellspring Capital Partners’ fifth buyout fund is targeting $1.3bn for US mid-market investments and is expected to close this month.
1 min read · 24 January 2013
David Gilbert, the firm’s managing director and portfolio manager, has been named chief investment officer after Jeffrey Barclay (pictured) left to head Goldman Sachs’ expansion into core real estate.
2 min read · 24 January 2013
In H1 2010, buyout firms injected €15.1bn of capital into European companies, in part a result of increased interest in the consumer goods and retail sector.
2 min read · 24 January 2013
The New York-based alternative assets manager, has reached its revised capital raising target for its second Asia private equity real estate fund. Including its own resources, the firm will have $800m of equity capital to invest.
1 min read · 24 January 2013
The London-based private equity real estate firm sets out a three-point plan for the business, which also includes launching a securities business, plus reveals fresh hires
3 min read · 24 January 2013
The $125bn public pension plan is reportedly trying to back out of a $300m commitment to the $4.7bn MSREF Global VII fund.
2 min read · 24 January 2013
Danish fund of funds manager Sparinvest has halved the fundraising target for its second global vehicle, Sparinvest Property Fund II, to €250m. Bo Jensen, managing partner at the firm, says however, that the fund should hold a final closing in January.
2 min read · 24 January 2013
The Hong Kong-based firm is eyeing another $200m in commitments over the next three months for its Trophy Property Development II vehicle. Fund I raised more than $1bn in 2008.
2 min read · 24 January 2013
