The US private equity firm has closed its latest mega-fund, Carlyle V, below its original $15bn target owing to the economic climate. The fund consists of primarily returning investors and is 30% committed.
1 min read · 21 January 2013
The UK property company belonging to the Duke of Westminster has appointed Andrew Bibby as CEO of its US activities. Earlier last year, Grosvenor US said it had reversed an investment freeze on the residential sector following the credit crunch.
2 min read · 21 January 2013
ARA Asset Management, the real estate fund management company part-owned by Hong Kong entrepreneur Li Ka-shing’s Cheung Kong Holdings, is to launch three country-specific funds.
1 min read · 21 January 2013
Leigh Clifford will advise the global buyout firm’s operations in Australia. His 37 years in the mining sector is expected to benefit the firm’s two Australian investments, especially mining company BIS industries.
1 min read · 21 January 2013
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the Asia and rest of world awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
10 min read · 21 January 2013
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the European awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
9 min read · 21 January 2013
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the North American awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
10 min read · 21 January 2013
Research suggests 2001 was the optimum year for opportunity real estate funds to succeed. GPs expect 2009 and 2010 could become the next golden era. PERE Magazine December 2008/January 2009
4 min read · 21 January 2013
Though some GPs argue that absolute returns matter most, an industry index allowing anyone to benchmark the performance of value-added and opportunity funds has finally arrived. PERE Magazine December 2008/January 2009
6 min read · 21 January 2013
With retailers in the West taking a beating, GPs are eyeing recession-resistant investments. The outlook is less bleak in the emerging markets. And distressed retail is in fashion for those with cash in their wallets. PERE Magazine December 2008/January 2009
8 min read · 21 January 2013
