The listed buyout firm is will eliminate 100 jobs, mostly in back-office functions such as human resources and marketing.
2 min read · 22 January 2013
The Asia-focused buyout firm has wrapped up fundraising more than $1bn shy of its original target.
2 min read · 22 January 2013
The publicly traded mid-market and mezzanine firm has said it will also close two offices and implement ‘internal cost saving steps’ as it re-sizes its operations to coincide with lower business volume. 3i is reportedly cutting 15% of its staff.
2 min read · 22 January 2013
The Marshall Real Estate Management Fund will target distressed late-stage construction projects and real estate in Moscow. The firm said assets were trading at 'considerable discount' thanks to the credit crunch.
1 min read · 22 January 2013
The alternatives arm of Deutsche Bank has closed a deal to buy a ‘significant minority’ interest in Rosen Real Estate Securities. It follows the $300m investment and purchase of an equity stake in Rosen by GIC Real Estate.
1 min read · 22 January 2013
The Chicago-based investment firm has rounded up $5.6m for its latest fund.
1 min read · 22 January 2013
The emerging markets-focused firm has already invested 12% of the fund, which will limit its use of leverage to deals in South Africa and Southeast Asia.
2 min read · 22 January 2013
Voting has begun in the third annual Global PERE Awards. Which people, firms, funds and deals stood out in 2008? Cast your nominations now in the only industry awards that are voted on entirely by the participants in the private equity real estate market.
2 min read · 22 January 2013
The European private equity real estate group will raise a fund of funds focused on retail, commercial and residential developments in second and third tier cities in India and China. ING hopes to hold a $250 million first close early 2009.
1 min read · 22 January 2013
A firm set up by Perry Kurash, who cut his teeth at private property company Topland, has established a corporate finance house with four others to source Middle Eastern capital looking for a home in property.
2 min read · 22 January 2013