The Wall Street firm has deferred the final close of its latest global property vehicle because investors have asked for more time. The firm remains confident, however, it is on track to raise its target of up to $10 billion.
2 min read · 22 January 2013
UK fund manager New Star has been forced to take action following mass redemptions at its international property fund in the past few weeks.
2 min read · 22 January 2013
The Wall Street firm has deferred the final close of its latest global vehicle because investors have asked for more time, according to people familiar with the situation. The firm remains confident, however, it is on track to raise its target of up to $10 billion.
2 min read · 22 January 2013
The infrastructure heavyweight will scale down its business in response to a decline in deal flow and profitability.
2 min read · 22 January 2013
The vehicle, Mid-Atlantic Capital Fund, is the first real estate opportunity fund for the Frederick, Maryland-based real estate company.
1 min read · 22 January 2013
Backed by Dubai International Capital and First Eastern Investment Group, the fund’s plans to close on $1bn by October have been dashed by investors’ lack of liquidity.
2 min read · 22 January 2013
The private equity firm will continue to invest in these regions, but has decided dedicated teams weren’t warranted given global financial turmoil coupled with the ‘difficult investment’ climate.
2 min read · 22 January 2013
The Australian firm, which manages more than 40 shopping malls in its home market, is hoping to invest in Japanese retail and Singapore office space.
1 min read · 22 January 2013
The real estate investment firm has appointed Scott Dwyer to develop its business in Central Europe, just as it is reportedly raising $750m for a follow-on China fund.
1 min read · 22 January 2013
The buyout firm's latest hires include former Coke executive Ludo Bammens as director of European corporate affairs. Meanwhile, Sanjay Nayar, ex-CEO of Citi's Asian operations, will be based in the firm's Mumbai office, which is opening in January.
1 min read · 22 January 2013