The Swiss gatekeeper will manage the Korean sovereign wealth fund's nascent secondaries programme.
1 min read · 21 January 2013
The flow of private real estate firms launching public debt REITs has increased again, after the New York-based firm filed an IPO for Ladder Capital Realty Finance. The vehicle will primarily originate first mortgages and target some CMBS, B-notes and mezzanine loans.
2 min read · 21 January 2013
Future private equity real estate fund sizes could be 50% off their peaks of 2007. For GPs in market, that could mean some stark choices. By Zoe Hughes
2 min read · 21 January 2013
The Beverly Hills firm has invested out of its $40m Northwest Louisiana Community Development Fund I for the first time.
1 min read · 21 January 2013
David Hodes and Doug Weill have left the investment bank's real estate placement group to create their own firm, Hodes Weill & Associates. The pair co-founded the real estate placement agent in 2000 with Bill Thompson, who remains at Credit Suisse along with other senior management.
2 min read · 21 January 2013
The $200bn Chinese sovereign wealth fund is poised to buy a 40% stake in Chinese private equity and real estate firm, CITIC Capital, in its first domestic investment in a fund management platform. The Beijing-based fund purchased a stake in The Blackstone Group last year.
2 min read · 21 January 2013
Former Fannie Mae chief executive officer Daniel Mudd will lead the New York-based private equity, real estate and hedge fund manager. It is part of a main board reshuffle aimed at enabling senior executives to focus on the group’s portfolio.
2 min read · 21 January 2013
CrossHarbor Capital and a consortium of investors, including club members and development firm Discovery Land Company, have finalised a deal for the members-only ski resort in Montana. The firm paid a reported $115m for the 14,000-acre private resort.
1 min read · 21 January 2013
BAA says it remains in talks with ‘a number of bidders’ about the potential sale of Gatwick Airport, despite press reports that the last interested party, a consortium comprising Manchester Airports Group and Borealis, has dropped out of the running.
1 min read · 21 January 2013
Osaka-based development and fund management firm Sun Capital Management is exploring plans to develop a rival theme park in Osaka to Universal Studios Japan. the 20km site would include a five star hotel.
1 min read · 21 January 2013
