The energy-related company will change private equity sponsors for the third time. New York-based Harvest Partners bought Aquilex from First Reserve last March and grew the company into a $550m industrial service provider.
1 min read · 22 January 2013
The bailout of the German commercial property lender, Hypo Real Estate – which is partially owned by private equity firms JC Flowers and Grove International – could prompt investors to wait for further distress to enter the market, according to ING Real Estate's European chief investment officer Will Rowson at ExpoReal.
3 min read · 22 January 2013
A study released by INREV at the ExpoReal conference has revealed that almost two-thirds of fund managers are reviewing the terms of their vehicles, with many set to extend. It's a 'question of timing', INREV tells PERE.
2 min read · 22 January 2013
The Singaporean sovereign wealth fund could fetch an estimated $2.5bn in what will be its third power company sale in 2008.
2 min read · 22 January 2013
Many private equity real estate groups have money to spend, but no one wants to call the bottom of this crazy crazy market.
2 min read · 22 January 2013
Investor confidence in the sector remains strong with a total of 79 private equity real estate deals made between August 2007 and August 2008, according to a report by Cushman & Wakefield.
1 min read · 22 January 2013
The Expo Real property show in Germany has been rocked this afternoon by news that Georg Funke, chief executive officer of Hypo Real Estate, has been forced to resign with immediate effect.
1 min read · 22 January 2013
The Kuwait-based investor’s latest development follows on the debut earlier this year of its $500m Shariah-compliant real estate vehicle, Global GCC Real Estate Fund II.
1 min read · 22 January 2013
The private equity real estate firm has picked up two industrial properties, acquired through its value-added Hampshire Partners Fund VII and its Hampshire Generational Fund.
1 min read · 22 January 2013
The charitable foundation of Jeremy Coller, founder of UK secondaries firm Coller Capital, has made a ‘multi-million pound’ commitment to help create a private equity education and research institute at London Business School.
2 min read · 22 January 2013
