The US government has selected nine private investment firms, including Angelo Gordon, GE Real Estate, Oaktree and Invesco to help take real estate loan-backed securities off banks’ balance sheets.
2 min read · 21 January 2013
The London and Paris-based private equity real estate firm has bought a fully let office building in London’s financial district from IVG Immobilien for its core Income Return Partners Fund. Orion is currently raising a €1bn opportunistic fund, Orion European Real Estate Fund III.
1 min read · 21 January 2013
The founder and chairman of the Dublin-based firm Quinlan Private is stepping down this month. He has been gradually withdrawing his day-to-day involvement with the firm for at least a year and has been investing his personal wealth in property deals.
2 min read · 21 January 2013
Contrary to reports of freezing its investment programme for Asia, AXA REIM has been busy readying itself to launch its first Asian fund for the first half of 2010.
2 min read · 21 January 2013
Real estate remains the most popular alternative asset class among pension funds despite a 4% fall in assets under management in 2008, according to a Watson Wyatt survey. Allocations to private equity and infrastructure rose by 4% each.
2 min read · 21 January 2013
The private equity real estate firm has agreed to buy the former Harry Macklowe tower outright for $605m in a partnership with George Comfort & Sons. The firms had previously agreed a partnership deal with Deutsche Bank, which was ultimately rejected by the bank’s board of directors as too risky.
1 min read · 21 January 2013
Suzanne Gibson has joined the New York-based private equity real estate firm as vice president helping US and European fundraising efforts and investor relations.
1 min read · 21 January 2013
Audrey Greenberg has joined the firm in its Los Angeles office as chief financial officer of CB Richard Ellis Investors' value-added real estate funds series.
1 min read · 21 January 2013
Siraj Dadabhoy and Michael Betancourt have launched their own private equity real estate group to target loan-to-own transactions and distressed real estate assets in large US cities.
2 min read · 21 January 2013
Less than two months after acquiring Oriental Brewery in a blockbuster deal, KKR is selling half the brewer to Affinity Equity Partners for $400m.
2 min read · 21 January 2013
