The two firms have sold a retail property following a rent review earlier in the year. They say the price achieved was above the price tag
1 min read · 21 January 2013
Many large institutional investors will look to separate accounts, rather than commingled funds in 2010. That decision could not only be short-sighted, but also leave them tied to second-tier managers. By Zoe Hughes
3 min read · 21 January 2013
Thayer will buy $307m for Interstate Hotels & Resorts in a 50-50 partnership with Shanghai Jin Jiang International Hotels. IHR shareholders have yet to vote on the plans.
2 min read · 21 January 2013
Industry participants are raising red flags over the pension giant's decision to sponsor legislation that would require placement agents to register as lobbyists and ban success fees.
3 min read · 21 January 2013
The firm has now raised a total of $350m so far from domestic investors for India Advantage Fund Series III.
2 min read · 21 January 2013
The Swiss alternative asset management firm is making structural changes to its business, to come into force on 1 January, 2010. As part of this process, its private real estate business will be separated from its private capital department, reporting directly to the firm’s executive board.
1 min read · 21 January 2013
The mega-firm is entering the amusement park sector, following several other firms that have acquired parks this year. But the sector has in some cases been a roller coaster for private equity returns.
2 min read · 21 January 2013
Andreas Lenz becomes finance manager for Cordea’s German Retail Fund. He will be responsible for overseeing the finance, debt and accounting functions for the vehicle and will also lead the finance team based in Munich.
1 min read · 21 January 2013
Europe and Asia-focused MGPA is buying a company with more than 2,600 acres of land on behalf of its latest European fund, raised in 2008.
2 min read · 21 January 2013
As the Chicago-based firm announced plans by John O’Donnell to retire in April, JBC said it was also opening a Philadelphia office to be led by funds director Charles Beaver (pictured).
2 min read · 21 January 2013
