Two Carlyle real estate investment professionals have been made acquisition co-heads in France as the firm continues to invest its €2.2 billion European fund.
1 min read · 22 January 2013
UK fund manager Schroder Property has tapped Aberdeen Property Investors' Ubbe Strihagen in Sweden to oversee business development in Sweden, Denmark, Finland, Norway and Iceland. Strihagen will use his contacts with investors to push Schroder’s international funds as well as grow the firm’s business in the region.
1 min read · 22 January 2013
The San Diego, California-based private equity real estate firm is continuing on its self-storage buying binge, picking up 1,130 storage units in a suburb of Dallas, Texas.
1 min read · 22 January 2013
The firm that Stephen Schwarzman and Peter Peterson left in 1985 has crumbled to a roughly $3bn market capitalization, versus Blackstone’s $4bn. It follows moves to spin off its $30bn commercial real estate exposure and sell a 55 percent stake in its PE and RE arms.
1 min read · 22 January 2013
ICICI Venture is to suffer another high profile departure. Deshpande is set to leave the firm, reportedly to take a position with NEA, just months after Aluri Rao left to lead Morgan Stanley Private Equity’s India operations.
2 min read · 22 January 2013
Confronting an increasingly overweighted private equity portfolio, CalPERS has made $700m in commitments to real estate funds and almost $1bn to four private equity funds.
2 min read · 22 January 2013
The Beverly, Massachusetts-based private equity real estate firm appoints a former hedge fund executive to help drive its institutional sales and capital-raising arm, Brookwood Securities Partners.
1 min read · 22 January 2013
Announcing plans to save the investment bank from collapse, Lehman Brothers will separate its balance-sheet real estate assets into a new public company, as well as sell a 55 percent stake in an investment management unit that includes Lehman Brothers Merchant Banking and Lehman Brothers Real Estate.
3 min read · 22 January 2013
The US private equity firm is sticking with its core strategy of developing single assets in established markets by acquiring a site in the center of German city Dusseldorf.
1 min read · 22 January 2013
A director at Guy Hands’ private equity firm Terra Firma is quitting his post to become managing director of W P Carey’s London office. Tom Quigley will be tasked with generating deals in Europe.
1 min read · 22 January 2013
