The newly-formed 1Malaysia Development Berhad has teamed up with Saudi-backed investment company, PetroSaudi International to launch a company aimed at co-investing with international investors in projects in Malaysia. Target sectors include energy and real estate.
1 min read · 21 January 2013
Hundreds of workers at MidCity Place, a large office building owned by the Boston-based firm, were forced to evacuate after fire spread through the office yesterday afternoon.
1 min read · 21 January 2013
Together with private equity firm MBH Enterprises, Scott Roth, Patti Unti and Jimmy Parsley have created Ventras and marked their first deal by buying 12 management contracts from Capmark.
3 min read · 21 January 2013
Private real estate funds facing debt troubles and sunken values are eyeing a radical move – taking the portfolio public, Schecky Schechner tells the PERE CFO Forum.
3 min read · 21 January 2013
Four investors, including Danish pension fund PenSam, committed more than €100m to Sparinvest Property Fund II. The fund will target UK property funds first.
1 min read · 21 January 2013
The founder of Warburg Pincus – the 11th largest private equity firm in the world – was one of the early pioneers of the private equity and venture capital industry. His death reportedly followed a long illness.
2 min read · 21 January 2013
The struggling Central European property firm, Orco Property Group, has reportedly hired UBS bank to help find potential new investors. Colony is still in talks to acquire a stake in the group after Orco filed for bankruptcy protection.
2 min read · 21 January 2013
Private real estate funds facing debt troubles and sunken values are eyeing a radical move – taking the portfolio public. By David Snow.
2 min read · 21 January 2013
The private equity and real estate firm has fallen short of its target, but raised 35% more than Fund II.
2 min read · 21 January 2013
Global property services firm Cushman & Wakefield joins forces with UK pensions and insurance firm Scottish Widows for the launch of a European retail fund to seek deals in city centres across the continent.
2 min read · 21 January 2013
