Swiss-based Corestate Capital has appointed Mark Wössner, 71, to help advise on acquisitions and restructuring non-performing loans.
1 min read · 21 January 2013
Fresh off raising $208m from the IPO of its mortgage REIT, Apollo Global says it could raise a series of private equity real estate funds. The firm’s sixth buyout fund has taken a hit following investments in Harrah’s and Realogy.
2 min read · 21 January 2013
If the hiring market picks up, more funds may want to consider annual vesting provisions to reward better-performing employees and to hold on to senior executives.
3 min read · 21 January 2013
Following the departure of its German head earlier this year, the financial services-focused private equity firm is parting company with Ravi Sinha, who is replaced by Flowers’ Australia head David Morgan. The firm has also recruited a former UK regulatory boss.
2 min read · 21 January 2013
Joe Gorin has joined the White Plains, New York-based real estate investor in the newly-created role of director and head of office asset management.
1 min read · 21 January 2013
Tom Arnold, who was previously a managing director at Cerberus responsible for finding deals, is to be ADIA’s man in the America as it scouts investment opportunities.
1 min read · 21 January 2013
The London-based manager is reportedly buying 13 logistics and manufacturing units from Royal Bank of Scotland for £27m. It comes as Rockspring holds a £152m first close on its UK Value Fund.
2 min read · 21 January 2013
The new owner designate of London Gatwick Airport has announced that David Rowlands, a former head of Britain’s Department for Transport, is to chair the company from December.
1 min read · 21 January 2013
Blackstone, Centerbridge and Welsh Carson will not see commitments from New Jersey yanked following revelations that the firms unwittingly broke campaign donation rules.
3 min read · 21 January 2013
The MENASA-focused firm will use the new capital to seed new funds and possibly make strategic acquisitions.
1 min read · 21 January 2013
