Less than a month after CVC pulled out from a rival consortium bidding for the Australian healthcare chain, Blackstone has withdrawn from a consortium including TPG and Carlyle.
2 min read · 24 January 2013
Seven seasoned executives recently sat down with Private Equity Manager to discuss how new regulations will dramatically alter operating procedures.
8 min read · 24 January 2013
Investment Management Group, the Moscow-based real estate investment firm, has completed the purchase of a 44% stake in a residential project in Volgograd, south of the Russian capital.
1 min read · 24 January 2013
The state will look for a private partner to design, construct and ultimately operate a new train and bus terminal in downtown Atlanta, which Georgia hopes to include commercial, retail and housing development.
2 min read · 24 January 2013
Mubadala, the Abu Dhabi sovereign wealth fund, is to step up its real estate investment programme via a joint venture with Pramerica Real Estate Investors. Mubadala Pramerica Real Estate Investors will initially focus on investing in Abu Dhabi and the Middle East but is expected to evolve into a more international platform in time.
2 min read · 24 January 2013
The Los Angeles-based firm teamed up with the Cogsville Group to beat three rivals for the portfolio of 1,660 loans.
2 min read · 24 January 2013
The nation's two largest public pensions are responding to increased private equity and real estate workloads by adding staff positions to better manage GP relationships.
3 min read · 24 January 2013
The UK’s £3.9bn pension lifeboat, which earlier this year created a 20% allocation to alternatives, will hire managers to run a credit strategy within the alternatives carve-out.
1 min read · 24 January 2013
The Leon Black-led firm, which filed an IPO earlier this year for up to $50m, has hired Gene Donnelly to fill the position left by Kenneth Vecchione.
1 min read · 24 January 2013
The latest fund from Blackstone's credit-focused affiliate has already invested roughly $600m in seven different companies.
2 min read · 24 January 2013
