Auckland-based Du Val Group is seeking to raise nearly $1bn from Asian investors for its first blind pool, commingled funds. The firm plans to raise two funds which will target real estate investments in New Zealand and Australia.
2 min read · 24 January 2013
Asia Investment Partners, a Tokyo and Denver-based private equity firm which focuses on “socially responsible investments” is to launch a nursing homes fund for Japan which would acquire ¥75 billion of properties over the next three years.
1 min read · 24 January 2013
The group, founded by telecoms entrepreneur David Brillembourg, is targeting luxury beachfront hotels within three hours travelling time of Miami. The firm last year bought a Miami hotel for a group of family offices in a $30m all-cash deal.
2 min read · 24 January 2013
The firm’s 2006 global buyout fund, which raised nearly $18bn, is nearing the 75% invested threshold.
2 min read · 24 January 2013
Ed Greene, who led the Asia business for placement agent CP Eaton Partners, has now launched his own firm. Starting with nine staff, Diamond Dragon Advisors is to advise on sectors including real estate, private equity, real assets and hedge funds.
2 min read · 24 January 2013
Why three former Morgan Stanley professionals have got backing from a listed investment firm and a hedge fund affiliate
4 min read · 24 January 2013
Sniper Capital, the Macau-focused fund management business, has launched its first private equity real estate fund as it aims to capitalise on a lack of non-gaming leisure real estate on the former Portuguese colony.
2 min read · 24 January 2013
Latin American and African funds have already exceeded 2009 fundraising totals.
1 min read · 24 January 2013
The firm, which anticipates closing Fund VI on $13.5bn, agreed to an 80/20 transaction fee split for Oregon with a slight increase in management fees – a deal it's offering all the fund's LPs.
2 min read · 24 January 2013
Tough fundraising conditions have forced the Texas-headquartered firm to revise its prior plan to raise a combined $20bn for Lone Star Real Estate Fund II and Lone Star Fund VII.
1 min read · 24 January 2013