The New York-based firm has hired Robert Cervinka as head of asset management and transactions in Germany.
1 min read · 21 January 2013
Nick Gaynor, Deutsche Bank’s head of financial sponsor coverage for the EMEA region, has joined the subsidiary alternatives firm to lead its charge into private equity direct and co-investments.
1 min read · 21 January 2013
The Toronto Stock Exchange-listed asset manager bought Loews Cineplex in 2002 and sold most of the business to Bain, Carlyle and Spectrum Equity Investors in 2004. It has now sold the remaining Galaxy portion of the business.
2 min read · 21 January 2013
The City of Chicago is expected to give the investors up to six more months to reach financial close on their $2.5bn long-term lease of the Chicago airport. The investor group was originally targeting 6 April for financial close.
1 min read · 21 January 2013
Notwithstanding a dearth of exits and a few troubled deals, such as its investment in hotel group Accor, the listed French firm says its balance sheet is much healthier than its share price reflects. Its full year earnings report revealed it has written down to zero its stake in Colony-backed Station Casinos.
2 min read · 21 January 2013
Cleveland based private equity firm Resilience Capital Partners has appointed Stanley Shashoua as managing partner of its real estate fund.
1 min read · 21 January 2013
The first-of-its kind bid to lease an entire port’s operations for a $500m upfront cash payment and ongoing capital commitments has triggered a 120-day period during which the authority will accept competing proposals. Interest from competing bidders is said to be strong.
3 min read · 21 January 2013
The real estate consultant has hired former Cushman & Wakefield partner Adam Calman to lead its push into Europe. Townsend is consultant to $126.4bn California State Teachers’ Retirement System (CalSTRS), the Government of Thailand and ATP in Denmark.
1 min read · 21 January 2013
The move by the German Financial Markets Stabilisation Fund (SoFFIN) is a prelude to full nationalisation.
1 min read · 21 January 2013
London based Catalyst Capital has held a final close on €228.5 million for its maiden third-party European fund. It is scouting opportunistic deals in major cities in major continental European cities.
1 min read · 21 January 2013
