Scott Nuttall, the head of KKR’s financial services group, will also oversee fundraising and broker-dealer activities, while Todd Fisher, co-founder of the firm’s London office, will fill a newly created role of chief administrative officer. Perry Golkin will narrow his investor relations activities.
2 min read · 22 January 2013
The summer recess will give time for the government to refine its plans, which critics have said could lead to an industry exodus to more favorable neighboring jurisdictions.
2 min read · 22 January 2013
The number of funds targeting less than $1 billion of equity commitments has increased by almost one fifth to 128 in the first quarter of this year, with managers’ focus firmly pointed towards Asian real estate, according to research by New York-based fund of funds Clerestory Capital Partners.
2 min read · 22 January 2013
Hong Kong tycoon Li Ka-shing’s firm will mainly focus on the main cities in China, Singapore, Hong Kong and Malaysia, but also look to Taiwan, Thailand and Vietnam. With leverage, ARA has a potential $5bn to invest.
1 min read · 22 January 2013
CITIC CapitalLand Business Park Fund has closed on $72.5m, having raised money from domestic Chinese institutional investors. It is the first private equity real estate fund to be denominated in Yuan.
1 min read · 22 January 2013
The US bank is on the fundraising trail again as a previous $1bn vehicle nears completion, according to a report.
1 min read · 22 January 2013
Heitman veteran Harold Schwartz, previously head of Europe acquisitions, will lead the Chicago-based firm’s expansion into the Asia-Pacific region. Schwartz will be based in Tokyo.
1 min read · 22 January 2013
The mega-buyout firm has revealed its private equity real estate business returned $1.3 billion to investors last year from 38 exits.
3 min read · 22 January 2013
The London-based property fund manager has appointed former Goldman Sachs professional Michael Flynn as managing director of the new branch.
1 min read · 22 January 2013
Guggenheim Capital Markets, a subsidiary of Guggenheim Partners, has expanded its fixed income offerings with the launch of a ‘whole loan’ group.
1 min read · 22 January 2013