The international real estate investor and fund manager pays $54.5m for a 730-unit complex in Plano
1 min read · 24 January 2013
The firm will target slightly more for the fourth private equity fund than the $700m it raised for Fund III. Earlier this year, Blackstone bought a 40% stake in Patria for $200m.
2 min read · 24 January 2013
Citi Infrastructure Investors has acquired a 75% stake in DP World Australia, which operates five container ports, valued at A$1.5bn. Citi will fund the deal, which is set to close in the first half of 2011, with A$530m of debt and the balance in equity.
2 min read · 24 January 2013
TPG has further demonstrated its real estate ambitions with the $505m purchase of US real estate assets from global logistics giant ProLogis. The Dallas-based buyout titan has been steadily increasing its exposure to the sector.
3 min read · 24 January 2013
The New York-based alternative assets business has promoted two from its real estate team to senior managing director as part of a wider raft of promotions across the business.
1 min read · 24 January 2013
The New York-based investment firm has acquired the Las Vegas Bank of America Plaza for $64m and a Maryland apartment property for $38m in partnership with City Center Realty and The Donaldson Group, respectively.
1 min read · 24 January 2013
A majority of LPs will be looking to maintain their allocation levels to private equity, or even decrease those levels, and most will only have a limited interest in meeting new GPs, according to a survey from Probitas Partners.
2 min read · 24 January 2013
With year-end upon us, we examine some of the trends that have emerged this year and are likely to dominate 2011
3 min read · 24 January 2013
CalPERS has elected to do away with traditional allocation labels, may push for performance-based fees and prohibit consultants from also managing its capital. Is this a sign of bigger things to come?
3 min read · 24 January 2013
The Abu Dhabi-backed investment group will pour $500m more into the global private equity and real estate firm to further expand its business lines, prompting speculation about Carlyle's desire to go public.
2 min read · 24 January 2013
