Equity International, the private equity real estate firm co-founded by Sam Zell and Gary Garrabrant, has acquired a stake in its third real estate portfolio company in China. Yupei develops and manages industrial, warehousing and logistics properties.
1 min read · 22 January 2013
The European opportunity fund manager, Orion Capital Managers, has held a second close of its latest vehicle, Orion European Real Estate Fund III.
1 min read · 22 January 2013
The New Jersey-based private equity real estate firm has added a 91,388-square-foot industrial building to its portfolio. The deal is the latest in a US industrial buying spree for the firm.
1 min read · 22 January 2013
The US private equity firm invested an undisclosed amount from its $2.25bn Trident IV fund in Real Estate Disposition Corporation, which auctions foreclosed properties. The company has auctioned off more than 16,000 US homes since November.
2 min read · 22 January 2013
Trouble in the retail sector presents opportunity, with 'some of the greatest fortunes' due to be made by savvy investors over the next year, according to John Howard, CEO of Irving Place Capital, formerly Bear Stearns Merchant Banking.
2 min read · 22 January 2013
The Chinese private equity firm was set up last year by former senior executives at Singapore's Temasek, which is an anchor investor in the fund.
1 min read · 22 January 2013
AAC Capital Partners, the former ABN AMRO buyout team, has secured €950m for further acquisitions from investors including Goldman Sachs, the CPPIB, AlpInvest and Adams Street.
1 min read · 22 January 2013
The $184bn pension, struggling with the denominator effect, committed $750m to Blackstone’s previous buyout vehicle. CalPERS documents confirmed rumours that Blackstone has lowered its fund target to between $15bn and $20bn.
1 min read · 22 January 2013
The £15bn UK charity is particularly interested in direct secondary deals as it manages and rebalances its alternatives portfolio, Peter Pereira Gray, Wellcome deputy chief investment officer, said at the PERE Forum in New York yesterday.
1 min read · 22 January 2013
The Teacher Retirement System of Texas has hired former Summit Properties president Steve LeBlanc to lead its real asset and private equity portfolios. Lee Partridge, the pension's strategic research managing director has been promoted to deputy chief investment officer.
2 min read · 22 January 2013
