The Moscow-based asset management firm has agreed to sell its Russian mutual funds business to Deutsche Bank, saying the current market dislocation would help its private equity and real estate funds, which remain untouched by the deal.
2 min read · 22 January 2013
Two Carlyle real estate investment professionals have been made acquisition co-heads in France as the firm continues to invest its €2.2 billion European fund.
1 min read · 22 January 2013
The firm that Stephen Schwarzman and Peter Peterson left in 1985 has crumbled to a roughly $3bn market capitalization, versus Blackstone’s $4bn. It follows moves to spin off its $30bn commercial real estate exposure and sell a 55 percent stake in its PE and RE arms.
1 min read · 22 January 2013
Confronting an increasingly overweighted private equity portfolio, CalPERS has made $700m in commitments to real estate funds and almost $1bn to four private equity funds.
2 min read · 22 January 2013
The Beverly, Massachusetts-based private equity real estate firm appoints a former hedge fund executive to help drive its institutional sales and capital-raising arm, Brookwood Securities Partners.
1 min read · 22 January 2013
Announcing plans to save the investment bank from collapse, Lehman Brothers will separate its balance-sheet real estate assets into a new public company, as well as sell a 55 percent stake in an investment management unit that includes Lehman Brothers Merchant Banking and Lehman Brothers Real Estate.
3 min read · 22 January 2013
The addition of former Skanska Infrastructure Development chief Simon Hipperson comes as the firm continues to build its team amid a reported $10bn fundraising effort.
2 min read · 22 January 2013
The property developer and fund manager is reportedly talking to investors about raising another India real estate vehicle. It follows Tishman’s decision to buy out ICICI’s stake in their joint venture company, TSI Ventures India.
2 min read · 22 January 2013
HighView Investment Group, led by former BlackRock co-founder Ralph Schlosstein, has garnered $600m in commitments to target minority interests in independent alternative asset managers, including real estate.
1 min read · 22 January 2013
The Australian development firm is raising its third institutional opportunity fund targeting the east coast of Australia. It is expected to close on A$200m towards the end of the year.
1 min read · 22 January 2013
