Private fund tax experts were pleasantly surprised last month to see proposed legislation come out of the US Congress designed to encourage fund managers to stay onshore.
3 min read · 22 January 2013
The escalating credit crisis has claimed another company after Ciena Capital, the real estate lender backed by private equity fund manager Allied Capital, filed for bankruptcy protection warning the value of its assets had ‘significantly’ deteriorated.
1 min read · 22 January 2013
The escalating credit crisis has claimed another company after Ciena Capital, the real estate lender backed by fund manager Allied Capital, filed for bankruptcy protection saying the value of its assets had ‘significantly’ deteriorated.
2 min read · 22 January 2013
Following the defeat of the White House’s $700bn financial rescue package, economist and LECG director, Alan Madian, has argued the proposed legislation should only buy mortgage securities backed by real assets and provide for direct infusions of capital.
2 min read · 22 January 2013
The Tokyo-based real estate investment firm is reportedly raising a $1bn fund to take advantage of failing residential property companies. Secured Capital CIO John Paul Toppino says current conditions are similar to the financial crisis of the late 1990s.
2 min read · 22 January 2013
The new commitments bring the publicly listed infrastructure fund’s total investments to £546m since inception. 3i Infrastructure has invested 80 percent of its £700m IPO proceeds to date.
1 min read · 22 January 2013
The single runway airport will belong solely to Global Infrastructure Partners after it buys out co-owner AIG’s stake in a transaction reportedly valued at £250m. The two firms bought the airport in 2006 from Irish billionaire Dermot Desmond.
1 min read · 22 January 2013
The London-based company has been able to refinance assets acquired in Sweden and Finland using local banks. European investment director David Turner says Nordic banks are in a stronger position than many other European based banks.
1 min read · 22 January 2013
The troubled German real estate lender today clarified its situation, suggesting comments by the German finance ministry had been misinterpreted.
2 min read · 22 January 2013
The London-based private equity real estate firm has taken on a former managing director at Fortress Investment Group, a development director at Lordship Estates and a general counsel.
1 min read · 22 January 2013
