Clark was integral in helping move forward the state’s early efforts at building an alternatives programme.
1 min read · 24 January 2013
Qatari Diar – fully owned by the emirate of Qatar – has become the second-largest shareholder in French construction company Vinci with a stake of between 5% and 8%. In exchange, Vinci acquires 100% of service provider Cegelec, which is set to add some €3bn in revenues to the French group.
1 min read · 24 January 2013
David Jackson, chief executive officer of Dubai World’s private investment business Istithmar World, has resigned just a month after the embattled state-owned conglomerate underlined its support for the company.
2 min read · 24 January 2013
The Greenwich, Connecticut-based private equity real estate firm aims to increase its exposure to the budget hotel sector and could sacrifice parts of its luxury hotel portfolio to execute the strategy shift.
1 min read · 24 January 2013
A $209m stalking horse offer to buy 134 senior living facilities is to be recommended to bankruptcy court. The deal would also include the assumption of $945m in debt. The SEC alleged Sunwest was a “virtual Ponzi scheme” in 2009.
2 min read · 24 January 2013
With just 48 hours until polls close, several tight races have emerged; including Rockwood and Starwood fighting for North America fund of the year, and Benson Elliot, Mountgrange and Orion in Europe fundraise of the year.
2 min read · 24 January 2013
The annual survey of foreign investors in US real estate reveals the country is deemed the best global opportunity for capital appreciation, followed by the UK.
2 min read · 24 January 2013
The India-focused private equity real estate firm has appointed Raj Inamdar as a principal in charge of creating new business initiatives as it nears the launch of its second opportunity fund.
1 min read · 24 January 2013
The software and technology-focused private equity firm has carved out Intuit real estate business IRES.
1 min read · 24 January 2013
Rachel Tan, the former head of capital raising in Europe for Australia’s Macquarie Capital Advisors, has set up her own real estate funds management platform
1 min read · 24 January 2013
