Michael Russell has joined the emerging markets firm having previously served Chelsea Football Club and a development company on behalf of Hong Kong businessman, Victor Hwang.
1 min read · 21 January 2013
REITs have raised more than $10bn in fresh capital since the start of 2009. Why that’s good news for their private equity cousins.
2 min read · 31 January 2013
The New York-based real estate firm, which was originally targeting investments primarily in Latin America, is now targeting the US. The firm is also raising an agribusiness vehicle targeting agricultural land in Argentina, Brazil, Colombia and Uruguay.
1 min read · 21 January 2013
REITs have raised more than $10bn in fresh capital since the start of 2009. Why that’s good news for their private equity cousins.
2 min read · 21 January 2013
The publicly listed alternative investment firm will sell Class A shares to repay a portion of its outstanding debt as well as generate working capital that may be used to fund GP contributions to Fortress funds.
2 min read · 21 January 2013
The Washington DC-based firm has replaced a rehab loan with 75% loan-to-cost financing to provide funds while stabilising the office building at 1110 Vermont Avenue.
1 min read · 21 January 2013
The European private equity real estate manager has also acquired a second property from Banco Santander, which is liquidating its open-ended vehicle, Banif Inmobiliario.
1 min read · 21 January 2013
The chief executive of Mumtalakat, the investment arm of the Kingdom of Bahrain, has outlined the fund’s strategy of expanding its investment horizons to areas including real estate. Investments will be made with third party fund managers and be done directly.
1 min read · 21 January 2013
The Lysander consortium, which includes Citi, Vancouver Airport Services and John Hancock Life Insurance, has been eliminated from the race to acquire London’s second airport after submitting a 'significantly undervalued' bid.
2 min read · 21 January 2013
New York Attorney General Andrew Cuomo has reached a resolution with The Carlyle Group which has seen the firm pledge to avoid hiring placement agents to obtain investments from New York’s public pensions. Carlyle has also agreed to pay $20m to ‘resolve its role’ in the investigation.
3 min read · 21 January 2013