The private equity real estate fund has closed its first institutional property vehicle focused on developments in emerging markets of Asia and Eastern Europe. The fund is almost 90 percent invested, mainly in Russia and Turkey.
1 min read · 22 January 2013
The real estate investment arm of ING, a Dutch insurance group, has revealed it will reduce its UK headcount by 20% in a bid to cut costs.
1 min read · 22 January 2013
Governments will increasingly rely on defining performance standards for PPP contracts using the social outcomes they produce, such as safety, instead of ‘micromanaging’ how those outcomes are arrived at, according to Michael Gerrard, deputy chief executive officer of Partnerships UK.
2 min read · 22 January 2013
The former private equity chief at Starr, Collin Lau, has reportedly joined China’s sovereign wealth fund to head its real estate investment funds. He is expected to join the fund by the end of the year or early 2009.
1 min read · 22 January 2013
Senior partner Lee Neibart explains the firm’s decision to change its name to AREA Property Partners in an interview with PERE magazine and where its focus will be in the future.
2 min read · 22 January 2013
Former REIT veterans Robert Solmson and Ed Ansbro have teamed up Georgica Advisors founder Richard Reiss to launch private equity real estate firm, Fairwood Capital. The first fund will target hospitality in US metropolitan areas.
1 min read · 22 January 2013
President-elect Barack Obama's choice for transportation secretary could determine the level of private sector participation in public infrastructure financing, according to a presentation by David Gribbin at the California Infrastructure Summit.
2 min read · 22 January 2013
The listed buyout firm is will eliminate 100 jobs, mostly in back-office functions such as human resources and marketing.
2 min read · 22 January 2013
Chris Rolling and Ashley Unwin will lose their jobs following a cash infusion at the troubled music group.
2 min read · 22 January 2013
The Asia-focused buyout firm has wrapped up fundraising more than $1bn shy of its original target.
2 min read · 22 January 2013
