Michael Profenius, formerly a managing director at Warburg Pincus, has joined the New York-based private equity real estate firm as one of two senior partners, following the reorganisation of the firm last fall to focus its investment activity on the US.
3 min read · 17 January 2013
The joint venture that bought 1540 Broadway last year has made another purchase in Manhattan on behalf of the HSBC Club Programme.
2 min read · 17 January 2013
Warburg Pincus has received commitments from 340 investors for its latest buyout fund, which will target real estate and other strategies. The firm also will offer a fee break to LPs committing $200 million or more.
1 min read · 17 January 2013
The Africa, Asia and Latin America-focused private equity firm has completed the third exit of its $150m Actis Africa Real Estate Fund selling its 85% stake in the Accra Mall in Ghana to South African buyers.
2 min read · 17 January 2013
The $110 billion pension fund has contributed $150 million each to Apollo’s US Real Estate Fund and Westbrook’s Fund IX.
2 min read · 17 January 2013
The New York-based real estate, infrastructure and real resources investment platform of Franklin Templeton Investments has amassed a total of $319.2 million in commitments for its third global multi-manager fund, which was the first of its funds to target US institutions.
2 min read · 17 January 2013
The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 17 January 2013
A cocktail of firms, including Gaw Capital, a major US institution, the Italian Fingen Group of the Fratini family and Sino-US company Waitex, have clubbed together for a designer outlet joint venture, with Henderson Global Investors acting as investment advisor alongside the RE development arm of Fingen.
2 min read · 17 January 2013
A major senior executive reshuffle at Hong Kong-based hedge fund-cum-private equity real estate firm Winnington Capital sees former CEO Wong's duties assumed by founder and chairman Kenneth Hung and ex-Asia Pacific Land, Warburg Pincus and GE Real Estate executive Philip Mintz.
2 min read · 17 January 2013
On behalf of its latest fund, the San Francisco-based real estate investment firm has bought 451 D Street in Boston’s Seaport District from a partnership between The Beal Companies and Rockpoint Group.
1 min read · 17 January 2013
