Hot on the heels of proposing Italy’s largest LBO this year, Investindustrial will take a 50% stake in Barcelona’s PortaAventura theme park.
2 min read · 21 January 2013
The White Plains, New York-based firm has hired four new members of staff, including former JER fund manager Dwight Arnesen. Marti Breier, Scott Stuckman and Joel Mayer have also joined the firm.
1 min read · 21 January 2013
The European trade body is the latest to stress placement agents ‘play a crucial role’ in the private investment fund industries.
2 min read · 21 January 2013
Left holding the debt of a struggling real estate investment? What US fund managers need to know about entering into receiverships. By Anthony Theophilos of Starr Finley
6 min read · 21 January 2013
The Dallas-based firm’s attempt to buy Japan’s first failed REIT is blocked for a second time by creditors. A rival bid from Daiwa House remains on the cards if New City can avoid liquidation.
2 min read · 21 January 2013
Prospect Acquisition Corp, a $248m blank cheque company, has acquired the Beverly Hills-based investment firm for an undisclosed sum. The Kennedy Wilson name and fund platform will remain, but as a ‘wholly-owned subsidiary of Prospect’.
2 min read · 21 January 2013
Edward Siskind becomes the sole head of global real estate principal investments as co-head Todd Williams prepares to leave this year. Brahm Cramer and Jonathan Langer are also leaving REPIA to “to pursue other opportunities”, according to an internal memo.
2 min read · 21 January 2013
The former SUN Real Estate, Cambridge Place and JP Morgan executive has been appointed to lead the firm’s real estate fund management business.
1 min read · 21 January 2013
The UK private equity real estate arm of US financial services group Prudential has taken on a team from UBS in Europe.
1 min read · 21 January 2013
Alice Connell has joined the value-added investor’s advisory board, joining the likes of Jim Didion and Tim Hoeppner, among others. Connell left TIAA-Cref in 2007 to form her own advisory firm, AM Connell Associates.
1 min read · 21 January 2013
