Haruyasu Asakura has left the firm but Carlyle said it continues to focus on SMEs and real estate assets in Japan, despite recent media reports suggesting otherwise.
1 min read · 21 January 2013
The Canadian pension CPPIB has teamed up with GIC Real Estate and a local property company to target Brazilian real estate.
2 min read · 21 January 2013
The private equity vehicle of US billionaire George Kaiser has completed the largest office deal in San Francisco so far this year. Argonaut Private Equity Group has bought a $40.8m note for the central business district office.
1 min read · 21 January 2013
Amid a firm shake- up, a market-wide fundraising slowdown, and a potential ban by the SEC on certain US placement activities, CP Eaton has seen two professionals depart the firm in the span of two weeks.
2 min read · 21 January 2013
As part of the US REIT’s efforts to reduce its debt load, Maguire Properties is handing over control of seven buildings once valued at more than $1 billion. The properties were bought between 2004 and 2007. LBA Realty is reportedly taking over one asset, Park Place I.
2 min read · 21 January 2013
Robert Gifford, the former AEW veteran, has been appointed president and chief executive officer of the troubled insurance group. Former COO of Scanlan Kemper Bard Companies William Glasgow has been named chief restructuring officer.
2 min read · 21 January 2013
Around 20 banks have been involved in refinancing in the first six months of the year, but the firm reports it hasn’t encountered any difficulties.
1 min read · 21 January 2013
UK home improvement firm, Focus DIY, is to offer its landlords incentives so its lenders agree to extend the term of its debt facility.
1 min read · 21 January 2013
Black Sea Global Properties (BSGP), the Romanian property company led by Dinu Patriciu, is close to finalising its takeover of London-based fund manager Rutley European Property after increasing its stake in the European fund manager to 75.6%.
2 min read · 21 January 2013
Tony James and Wes Edens have each said during earnings calls this week that their firms are eager to do US bank deals, but warned proposed FDIC policies may deter investment.
3 min read · 21 January 2013