The selection of John Koskinen to lead the seized mortgage giant brings to three the number of private equity pros asked this month to head up troubled financial services companies.
2 min read · 22 January 2013
The Connecticut-based investment management firm has appointed the former CBRE and GE professional as its new chief financial officer. Angerthal spent nine years with various GE units, including GE Real Estate and GE Capital Corp.
1 min read · 22 January 2013
MatlinPatterson co-founder Mark Patterson yesterday characterised today's economy as the most troubled since the period following the US stock market crash in 1929. Operational concerns are now second to broader financial markets considerations when conducting due diligence, he said.
2 min read · 22 January 2013
Littlejohn & Co has moved chief financial officer Deborah Jorde to head of investor relations and fund marketing, and has hired Kenneth Warren of Quadrangle to replace her.
1 min read · 22 January 2013
The Danish fund manager has appointed former Schroder fund of funds executive, Marko Multas, to help lead investments from its second global vehicle, Sparinvest Property Fund II. Asia will be a larger focus for the fund, prompting the firm to hire Redevco Asia's Dr. Robert Lie as an adviser.
1 min read · 22 January 2013
As British bank Barclays snaps up Lehman’s core investment banking businesses, the fate of the bankrupt bank’s investment management division including its private equity and real estate portfolio has yet to be sealed.
1 min read · 22 January 2013
The resignation of Phil Green as a non-executive director comes less than a month after he resigned his position as the firm’s CEO. The change comes amid ongoing strategic review and restructuring at the Australian infrastructure specialist.
2 min read · 22 January 2013
The fall-out from the collapse of investment banking giant Lehman Brothers could have long-term implications on the real estate investing marketplace, according to private equity real estate professionals, but at the moment most investors are adopting a wait-and-see attitude.
3 min read · 22 January 2013
The investment firm, which counts the National Commercial Bank of Saudi Arabia as one of its stakeholders, plan to invest $2bn in the region.
2 min read · 22 January 2013
The European real estate firm, formerly known as Meinl European Land that targets shopping centers in Central and Eastern Europe, re-evaluates its development pipeline following the €800m investment by Citi Property Investors and Gazit-Globe.
1 min read · 22 January 2013
