Citi Property Investors, which is headquartered in New York, has promoted its India head, Ravi Hansoty, to lead its Asian platform on an interim basis. According to those close to the matter, Hansoty is expected to land the position full time by the end of the year.
1 min read · 21 January 2013
The World Bank’s private investment arm aims to structure a public private partnership, which will modernise and upgrade the Prince Mohammed bin Abdulaziz International Airport.
1 min read · 21 January 2013
Chen Fan has left the bank's private equity arm to ‘pursue his own interests', Fan had been involved in the bank's investments in Chinese property developers Sino Ocean Real Estate Development, Shimao Property Holdings and Greentown China Holdings.
1 min read · 21 January 2013
The global financial services firm lost $319m in the first quarter of 2009 primarily due to losses on its private equity and real estate investments.
1 min read · 21 January 2013
The pension, with assets of $16bn as of 30 June 2008, made more than $300m of commitments in the past month, including to a debt fund from Mesa West Capital. The Mesa West fund, which is reportedly targeting up to $500m, is expected to close in the coming months, sources say.
1 min read · 21 January 2013
A poll of fund managers conducted by INREV and presented at its annual conference today revealed that only €6.1 billion($7.96 billion) will be raised in Europe this year by unlisted funds compared to €10.2 billion in 2008.
1 min read · 21 January 2013
Otera Capital Corp, part of Canadian pension fund Caisse de depot et placement du Quebec, has reportedly bought part of the 1330 Avenue of the Americas building after the property developer defaulted on a $130 million mezzanine loan.
1 min read · 21 January 2013
Leon Bressler, managing partner of New York-based Perella Weinberg Partner’s real estate investment management business, tells delegates at the annual conference hosted by The European Association for Investors in Non-Listed Real Estate Funds (INREV) that his firm sees opportunities across all sectors and in different countries in Europe.
2 min read · 21 January 2013
The bank, which is currently assisting with fundraising for groups including MBK Partners, Alinda Capital and Citadel, has decided to wind down its private equity fund placement arm by year end. Two of its executives have already been hired by Credit Suisse as part of its asset management division's global expansion.
2 min read · 21 January 2013
Chetan Dave will take on the mantle of senior advisor at the Mumbai-based joint venture between Sun and AREA Property Partners. Managing director Prakash Kalothia will take his place.
1 min read · 21 January 2013
