New York-based alternative investment firm, Fortress Investment Group, meets its capital raising target for its first Asia real estate fund, the yen-denominated Fortress Japan Opportunity Fund.
1 min read · 24 January 2013
The US global buyout firm has announced a €900m joint venture with Dublin’s Green Property to acquire assets particularly in partnership with government agencies and financial institutions
2 min read · 24 January 2013
The Greenwich, Connecticut-based firm has already invested roughly $200m of its $965m Starwood Capital Hospitality Fund II – three-quarters of that targeting debt deals in the sector and 40 percent invested internationally.
2 min read · 24 January 2013
But the immediate focus of the state’s one-year-old PPP programme is to deliver the West by Northwest project, Georgia Department of Transportation Commissioner Vance Smith said at the Infrastructure Investor: Southeast forum.
3 min read · 24 January 2013
The Florida State Board of Administration, which manages the state’s $113bn pension funds, has made commitments to ABRY, Oaktree and Varde, and is negotiating commitments to Audax and GSO.
2 min read · 24 January 2013
The senior management of HSBC’s infrastructure and real estate arm is in talks with the parent bank regarding a management buyout. The deal would leave HSBC with a 20% stake in its specialist unit and would pre-empt expected regulatory changes that could impact banks’ ownership of private equity vehicles.
2 min read · 24 January 2013
More than a third of UK pension funds already invested in real estate are actively looking to increase their exposure to the asset class, according to Aberdeen Asset Management.
1 min read · 24 January 2013
Emirates Business has reported that Rasmala Investment Bank, the Dubai-based investment bank, has thrown its hat into an increasingly expanding ring of investment firms aiming to capitalise on the country’s lack of quality real estate.
2 min read · 24 January 2013
Hamilton Lane has been selected to take over as the Washington State pension plan’s private equity mandate from Capital Dynamics.
1 min read · 24 January 2013
The London-based environment-focused fund manager and adviser has established a new European renewable energy infrastructure asset management team headed by former Infracapital Partners principal Stephen Lilley.
2 min read · 24 January 2013
