Andrew Pettit and William Killick, who formed Revcap in 2004 as a specialist co-investment firm, have teamed up with Kilmartin Property Group to launch a joint venture fund hoping to pick up smaller commercial assets in areas of London.
1 min read · 22 January 2013
A UK-based property company developing high-end apartments and some commercial property in Dubai plans to list a closed ended fund on the Channel Islands stock exchange focused on investing in property in Dubai and the rest of the Northern Emirates.
1 min read · 22 January 2013
The private equity firm beat its combined target of $6.5bn for the two funds. It is the first time Lone Star has raised separate, side-by-side funds for each investment strategy.
2 min read · 22 January 2013
The Chicago-based private equity real estate firm led by former Heitman partner Christopher Merrill and the grandsons of the Motorola founding fathers, Christopher and Michael Galvin, will expand its “recession-resistant” investments in the US education, healthcare and boat storage real estate sectors.
2 min read · 22 January 2013
John Kukral, who was fundamental in building Blackstone’s real estate arm, will target US distressed real estate companies and assets with his debut fund, Northwood Real Estate Partners I. The fund is an evergreen vehicle.
2 min read · 22 January 2013
The US private equity firm sees an opportunity in Japan amid moves by major banks to cut their exposure to property, according to a report.
1 min read · 22 January 2013
The Hong Kong-based firm is midway through a fundraise for a strategy based on the growing wealth of the Pacific Rim.
2 min read · 22 January 2013
Donald Trump’s son is reportedly targeting India’s growing middle class with ‘high-end, luxury’ developments. Trump Jr said Mumbai would be his first point of entry into the country. The fund, he said, would start off small but grow as the Trump Organization grew more familiar with India.
2 min read · 22 January 2013
The consulting firm set up by the former New York mayor is branching out into real estate after launching an opportunity fund in partnership with Rockville, Maryland-based development company, Berman Enterprises. The fund, Berman Enterprises Opportunity Fund, is targeting between $500m and $750m in equity commitments.
2 min read · 22 January 2013
The US public pension looks to alternatives to drive returns, plowing $825m into private equity, real estate and hedge funds.
2 min read · 22 January 2013
