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
Netherlands-based ING Real Estate has unveiled details of its open ended global fund of funds, Global Osiris, with ambitions to attract as much as €1 billion in capital within 18 months.
2 min read · 22 January 2013
US private equity firm Sun Capital is keeping afloat on its investment in the bankrupt retailer, thanks largely to sale-leasebacks of several of the chain’s department outlets. Sun Capital and Cerberus, which sold its stake last year, bought Mervyn's for $1.2bn in 2004.
2 min read · 22 January 2013
The Bahrain investment bank’s new fund will aid in the development of the first integrated logistics project in Navi Mumbai.
1 min read · 22 January 2013
The London-based firm has poached a team from Capmark to manage mezzanine and preferred equity vehicles.
2 min read · 22 January 2013
Polymath and industry pioneer Lord Charles Cecil retired last month from Helix Associates, the firm he founded and sold to US investment bank Jefferies.
1 min read · 22 January 2013
The $37.6bn national oil fund has made commitments to Goldman Sachs’ $7.5bn infrastructure fund and Alinda’s second infrastructure vehicle. Alaska has also launched a $400m fund of funds to invest in private equity funds targeting companies valued at less than $1bn.
2 min read · 22 January 2013