The Swiss bank, which today wrote down $19 billion of assets, saw its chairman Marcel Ospel resign and reported a first quarter loss of $12.1bn, is to create a separate vehicle to own ‘problem assets.’
3 min read · 22 January 2013
DLJ South America Partners' first fund has completed three investments to date, including participation in a club deal for Latin American and Caribbean McDonald’s restaurants.
1 min read · 22 January 2013
The firm has invested or committed most of the funds it raised in its initial public offering in April last year, ahead of its two year target to invest the money.
2 min read · 22 January 2013
Despite vigorous lobbying by business groups, the UK government has pushed ahead with its plans to introduce the annual levy on foreigners working in Britain.
3 min read · 22 January 2013
National Bank of Kuwait has launched a Shariah-compliant fund to invest in real estate assets, developments and operating companies.
1 min read · 22 January 2013
The Indian private equity firm has acquired a 15 percent stake in the textile and real estate development company Arrow Webtex.
1 min read · 22 January 2013
Michelle LeRoy is one of a trio hired by Macquarie Real Estate’s capital transactions team in Chicago.
2 min read · 22 January 2013
The Indian real estate fund manager has hired six senior managers to its team for large scale real estate and infrastructure projects.
1 min read · 22 January 2013
The Singapore firm has set up a joint venture in Germany to attract commitments from European institutional investors keen to invest in pan Asian real estate opportunities.
2 min read · 22 January 2013
The move will allow the Boston-based alternative investment firm to grow its real estate investments as well as expand to 'new, complimentary business lines'.
1 min read · 22 January 2013