Hong Kong real estate investment manager Gaw, formerly Gateway Capital, is planning to raise a third fund for China. The firm is planning to develop middle-class and mass market residential property in secondary cities in the country.
1 min read · 22 January 2013
New York-based alternative asset manager RREEF has formalised the consultancy role that David Brush has been playing since 'retiring' from the firm earlier this year.
1 min read · 22 January 2013
Marcus Shepherd, former European chief financial officer for Australian fund manager Valad Property Group, is joining the firm in January.
1 min read · 22 January 2013
Shares in the publicly listed firm continued to drop amid dismal third quarter reports, but one analyst sees a bright future ahead for Blackstone. Fortress Investment Group shares reached their 52-week low at $2.
2 min read · 22 January 2013
To be awarded as concessions or as PPPs, the the projects will seek to attract R22bn of private investment between now and August 2009, the state news service reported.
2 min read · 22 January 2013
The San Francisco-based firm, launched by CalPERS last year, has hired former Goldman Sachs healthcare specialist Christopher McFadden to head its first East Coast presence. Health Evolution has already invested and exited one portfolio company with a markup 'north of 25%'.
3 min read · 22 January 2013
The Sao Paolo-based alternatives firm has held a final close for its third private equity fund targeting the consumer and infrastructure sectors.
1 min read · 22 January 2013
In a letter to shareholders, the real estate investment firm said the founder of private real estate firm, Thompson National Properties (TNP), was trying to take control of the firm – and allegedly force Grubb & Ellis to buy-out or ‘absorb’ his new company TNP.
2 min read · 22 January 2013
The Australian investment firm is planning to divest its real estate and operating leasing units after announcing it would retain them this summer. The struggling listed firm will slash its workforce by more than 800 in an effort to repay A$3.1bn in debt. Babcock last year bought US shopping mall operator Gregory Greenfiled & Associates.
3 min read · 22 January 2013
Peter Hansell, who was involved in Lehman Brothers large real estate loan conduit programme in Europe, has joined London-based fund manager Cairn Capital to run a commercial real estate debt fund.
1 min read · 22 January 2013
