JC Flowers has carried out an earlier threat to sue as Germany’s bail out fund attempts to squeeze out the remaining minority investor in Hypo Real Estate.
1 min read · 21 January 2013
The founder of Warburg Pincus – the 11th largest private equity firm in the world – was one of the early pioneers of the private equity and venture capital industry. His death reportedly followed a long illness.
2 min read · 21 January 2013
The struggling Central European property firm, Orco Property Group, has reportedly hired UBS bank to help find potential new investors. Colony is still in talks to acquire a stake in the group after Orco filed for bankruptcy protection.
2 min read · 21 January 2013
Private real estate funds facing debt troubles and sunken values are eyeing a radical move – taking the portfolio public. By David Snow.
2 min read · 21 January 2013
The US buyout giant TPG has completed the purchase of a 34.5% stake in Lenta with Russian banking partner, VTB. The deal has been announced a fortnight after Russian president Vladimir Putin encouraged foreign firms to look to the country for investments.
2 min read · 21 January 2013
Private equity firms including Blackstone, Fortress and AREA are reportedly lining up takeover approaches for Minerva, a London-focused development firm.
1 min read · 21 January 2013
Prime minister Gordon Brown has unveiled proposals to sell ‘non-financial’ assets for a combined £3bn. The subsequent sale of local government real estate assets could raise an additional £13bn.
3 min read · 21 January 2013
The private equity and real estate firm has fallen short of its target, but raised 35% more than Fund II.
2 min read · 21 January 2013
Global property services firm Cushman & Wakefield joins forces with UK pensions and insurance firm Scottish Widows for the launch of a European retail fund to seek deals in city centres across the continent.
2 min read · 21 January 2013
In a bid to improve its fundraising and structuring capabilities, the Hong Kong-based firm has appointed George Agethen from Australia’s Macquarie Capital Advisors.
1 min read · 21 January 2013
