Marcus Shepherd, former European chief financial officer for Australian fund manager Valad Property Group, is joining the firm in January.
1 min read · 22 January 2013
To be awarded as concessions or as PPPs, the the projects will seek to attract R22bn of private investment between now and August 2009, the state news service reported.
2 min read · 22 January 2013
The San Francisco-based firm, launched by CalPERS last year, has hired former Goldman Sachs healthcare specialist Christopher McFadden to head its first East Coast presence. Health Evolution has already invested and exited one portfolio company with a markup 'north of 25%'.
3 min read · 22 January 2013
The Sao Paolo-based alternatives firm has held a final close for its third private equity fund targeting the consumer and infrastructure sectors.
1 min read · 22 January 2013
In a letter to shareholders, the real estate investment firm said the founder of private real estate firm, Thompson National Properties (TNP), was trying to take control of the firm – and allegedly force Grubb & Ellis to buy-out or ‘absorb’ his new company TNP.
2 min read · 22 January 2013
The Australian investment firm is planning to divest its real estate and operating leasing units after announcing it would retain them this summer. The struggling listed firm will slash its workforce by more than 800 in an effort to repay A$3.1bn in debt. Babcock last year bought US shopping mall operator Gregory Greenfiled & Associates.
3 min read · 22 January 2013
Peter Hansell, who was involved in Lehman Brothers large real estate loan conduit programme in Europe, has joined London-based fund manager Cairn Capital to run a commercial real estate debt fund.
1 min read · 22 January 2013
The London-based real estate investment firm has added new responsibility for David Cunnington, who is already chief financial officer. He becomes head of the Italian fund business and is moving to Milan.
2 min read · 22 January 2013
Naresh Naik, former head of asset management for Lehman Brothers in India, joins the private equity real estate unit of Morgan Stanley as an executive director and head of asset management in its Mumbai office.
1 min read · 22 January 2013
Gerald Kaye, a director at UK developer Helical Bar and non executive director at Chelsea Building Society, Patrick Hall, have both agreed to take new positions on the investment committee of Rockspring’s open-ended Hanover Property Unit Trust.
1 min read · 22 January 2013