Hong Kong real estate investment manager Gaw, formerly Gateway Capital, is planning to raise a third fund for China. The firm is planning to develop middle-class and mass market residential property in secondary cities in the country.
1 min read · 22 January 2013
Shares in the publicly listed firm continued to drop amid dismal third quarter reports, but one analyst sees a bright future ahead for Blackstone. Fortress Investment Group shares reached their 52-week low at $2.
2 min read · 22 January 2013
The Sao Paolo-based alternatives firm has held a final close for its third private equity fund targeting the consumer and infrastructure sectors.
1 min read · 22 January 2013
The Australian investment firm is planning to divest its real estate and operating leasing units after announcing it would retain them this summer. The struggling listed firm will slash its workforce by more than 800 in an effort to repay A$3.1bn in debt. Babcock last year bought US shopping mall operator Gregory Greenfiled & Associates.
3 min read · 22 January 2013
Peter Hansell, who was involved in Lehman Brothers large real estate loan conduit programme in Europe, has joined London-based fund manager Cairn Capital to run a commercial real estate debt fund.
1 min read · 22 January 2013
The London-based real estate investment firm has added new responsibility for David Cunnington, who is already chief financial officer. He becomes head of the Italian fund business and is moving to Milan.
2 min read · 22 January 2013
A UK fund manager setting up a special situations fund in the UK has secured an acquisition facility from one of the banks hit hard by the credit crunch.
1 min read · 22 January 2013
The real estate veteran has filed a lawsuit against the Connecticut secondaries firm claiming Landmark failed to honour a promise to give him an ‘ownership interest’ in the firm.
2 min read · 22 January 2013
Stuart Rothenberg, the global head of Goldman Sachs’ Real Estate Principal Investment Area – which sponsors the Whitehall Street funds – has said he will retire by the end of 2008 at the age of 45. He has been with Goldman for 21 years.
2 min read · 22 January 2013
The European opportunity fund manager, Orion Capital Managers, has held a second close of its latest vehicle, Orion European Real Estate Fund III.
1 min read · 22 January 2013
