Adelaide Gray is joining the UK insurer's property team from property services firm King Sturge to enhance the group's knowledge of trends affecting its specialist portfolio of assets.
1 min read · 21 January 2013
The 87-year-old retail company has filed for Chapter 22 bankruptcy protection less than one year after originally being brought out of Chapter 11. Private equity firms are among potential buyers, Fortunoff says.
2 min read · 21 January 2013
Why some real estate funds will be allowing LPs to downsize commitments.
2 min read · 21 January 2013
Sylvain Denis and Alan Hyslop are to leave Dubai International Capital, leaving the firm’s private equity business in the care of portfolio managers David Smoot and Eric Kump.
2 min read · 21 January 2013
A mortgage company has teamed with a title company to launch First Equity Capital, a fund ‘to stem the tide of foreclosures and delinquencies’ in the US housing market. In December, more than 300,000 home owners filed foreclosure in the US.
2 min read · 21 January 2013
Infrastructure investors active in the region can expect more club deals by banks and a resurgence of multilateral and export agencies as sources of liquidity, according to project finance lawyers at law firm Shearman & Sterling.
3 min read · 21 January 2013
The global property services firm, Cushman & Wakefield, is creating a team in Europe to assist clients with problems within their property portfolios.
1 min read · 21 January 2013
The world’s biggest logistics property company appoints a new head of global operations but sees its chief operating officer resign.
1 min read · 21 January 2013
A Senate bill sponsored by Chuck Grassley and Carl Levin would require all private funds to publicly disclose the identities of their LPs, as well as the value of assets under management, if the bill passes.
2 min read · 21 January 2013
Oregon Investment Council has been asked by the New York-based investment firm to invest additional equity into its Gagfah deal, as it looks to pay down debt on the German residential property company. Fortress went to its LPs rather than go to 'outside sources'.
1 min read · 21 January 2013
