American Capital’s publicly traded European affiliate has invested in the warehouse and logistics firm, just four months after Arcapita bought Central and East European logistics company, Pinnacle Real Estate.
1 min read · 22 January 2013
JC Flowers' founder may use the First National Bank of Cainesville as a platform acquisition for other distressed and failed deposit-taking institutions, according to a regulatory filing.
2 min read · 22 January 2013
The EU’s internal markets commissioner has highlighted the importance of private equity in stabilising the European economy and distanced the asset class from the causes of current financial markets turbulence. Charlie McCreevy’s comments come on the heels of a European Parliament vote in favour of industry regulations.
2 min read · 22 January 2013
Sacramento, California-based private equity firm Dunmore Capital says finished lots in parts of the US are now selling for steep discounts. Founder Sid Dunmore warns there is more pain ahead for developers.
2 min read · 22 January 2013
A report by consultants PKF reveals declining demand and increasing supply will result in two years of decline for the hotel sector – the first time in two decades.
2 min read · 22 January 2013
The US industry body, the Real Estate Roundtable, said the US government’s $700bn plan to buy-up troubled mortgage-related assets had a high ‘price tag,’ but argued that it was the best way forward.
2 min read · 22 January 2013
Singapore’s largest sovereign fund has increased its investments in private equity and real estate in recent years – a trend likely to continue owing to the turmoil in the financial markets. The change was revealed as part of its first performance report, which also shed rare light into the GIC’s structure.
2 min read · 22 January 2013
Following the launch of its $1bn real estate debt vehicle, the Bahrain-based investment firm has appointed former JP Morgan and Bear Stearns professional, Christopher Hoeffel, to help grow its debt investment business.
1 min read · 22 January 2013
The real estate investment firm has acquired three residential properties in France. The deal was made through its ING Real Estate French Residential Fund.
1 min read · 22 January 2013
The Illinois State Universities Retirement System has chosen to pursue its long-term private equity target allocation through continued investment while other LPs are pulling back on the asset class in an effort to combat over-weighting.
2 min read · 22 January 2013