The New York-based private equity firm said one-third of the private companies in its private equity portfolio faced write-downs of some kind, as president Tony James revealed a $68m Q3 private equity loss.
2 min read · 22 January 2013
The private equity real estate arm of BNY Mellon Asset Management originally bought the White Plains building in a JV with Onyx for $68.6m. It has sold the property for $82m.
1 min read · 22 January 2013
The New York-based private equity firm said it is waiting for real estate valuations to decline further before beginning to invest the capital. However, Blackstone’s real estate portfolio has been written down by 10% owing to the market turmoil.
2 min read · 22 January 2013
The Los Angeles-based private equity firm has purchased a 17% stake in the Nasdaq-listed organic foods grocer, which has struggled amid cutbacks in consumer spending. Leonard Green is investing from its fifth private equity fund, which closed last year on $5.3bn.
2 min read · 22 January 2013
The European Union-focused infrastructure fund is expected to hold a second close early next year. DIF’s first infrastructure fund, DIF PPP, is now almost fully invested and its renewable energy fund is expected to be fully invested by the first quarter of 2009.
2 min read · 22 January 2013
The Chicago-based US property investment manager is reportedly planning to pick up bargain properties in the UK, with an expected close scheduled for the first quarter of next year.
1 min read · 22 January 2013
While fund managers have been busy raising distressed property vehicles, the bitter pill to swallow is that some LPs are unable to allocate equity to such funds at the moment, according to research by a prominent private equity real estate expert.
2 min read · 22 January 2013
The Irvine, California-based firm is expanding its human capital following the initial close of its Western National Realty Fund II earlier this year.
1 min read · 22 January 2013
The deal is the latest in a recent spate of US multifamily apartment acquisitions by private equity real estate investors. The acquisition was made through the firm's property vehicle, LRG Capital Real Estate Partners I Fund.
1 min read · 22 January 2013
With 30 of the nation’s transit agencies at risk of bankruptcy due to AIG-guaranteed bank loans, some members of Congress are beginning to ask for stronger oversight of PPP financings to make sure they don’t cause similar troubles for the public sector.
2 min read · 22 January 2013
