The new vehicle , already 20 percent invested, will invest in high specification commercial premises in Southeast Asia, Hong Kong and China.
1 min read · 22 January 2013
The Russia-based asset management firm has held a first close for its follow-up real estate fund. The first vehicle raised $130m last year, for which all the capital has been invested. The latest fund is expected to close on $300m in November.
1 min read · 22 January 2013
GE’s former managing director for the UK will be heading up the firm’s equity investments in the Americas, including its investments in Canada, Mexico and South America.
2 min read · 22 January 2013
The property investment arm of the Government of Singapore has purchased a minority stake in Mexico Retail Properties, an affiliate of Denver, Colorado-based private equity real estate firm Black Creek Group.
1 min read · 22 January 2013
The global asset management company will invest a quarter of the fund in agricultural land.
1 min read · 22 January 2013
Australia’s largest railway and port operator has decided to not allow the US private equity firms to conduct due diligence needed to finalise a bid. The initial offer from TPG and GIP ‘undervalues the business', the company has said.
2 min read · 22 January 2013
The buyout firm, set to list on the New York Stock Exchange later this year, has added John Byson, former Edison International chairman and chief executive, as senior advisor for its infrastructure initiative. KKR announced its infrastructure initiative in May and is reportedly raising a $5bn infrastructure fund
2 min read · 22 January 2013
The Blackstone Group has expanded its presence in Asia with the launch of an office in Beijing, its fourth in the region.
2 min read · 22 January 2013
Just months after its Euronext-traded Carlyle Capital fund folded, the private equity firm is shutting down an affiliated hedge fund. It backed away from its previous hedge fund strategy, a fund of hedge funds, in 2003.
2 min read · 22 January 2013
Grubb & Ellis Realty Investors, the real estate investment and asset management arm of Grubb & Ellis Company, has appointed former founding principal of Meridian Value Partners John Caley as senior managing director at the firm.
1 min read · 22 January 2013
