The real estate investment management firm has appointed Jack Hsu as investor services director in Hong Kong in a bid to boost CBRE’s capital raising abilities in China, Singapore and Taiwan.
1 min read · 22 January 2013
The Moscow-based asset management firm has agreed to sell its Russian mutual funds business to Deutsche Bank, saying the current market dislocation would help its private equity and real estate funds, which remain untouched by the deal.
2 min read · 22 January 2013
Two Carlyle real estate investment professionals have been made acquisition co-heads in France as the firm continues to invest its €2.2 billion European fund.
1 min read · 22 January 2013
UK fund manager Schroder Property has tapped Aberdeen Property Investors' Ubbe Strihagen in Sweden to oversee business development in Sweden, Denmark, Finland, Norway and Iceland. Strihagen will use his contacts with investors to push Schroder’s international funds as well as grow the firm’s business in the region.
1 min read · 22 January 2013
The firm that Stephen Schwarzman and Peter Peterson left in 1985 has crumbled to a roughly $3bn market capitalization, versus Blackstone’s $4bn. It follows moves to spin off its $30bn commercial real estate exposure and sell a 55 percent stake in its PE and RE arms.
1 min read · 22 January 2013
ICICI Venture is to suffer another high profile departure. Deshpande is set to leave the firm, reportedly to take a position with NEA, just months after Aluri Rao left to lead Morgan Stanley Private Equity’s India operations.
2 min read · 22 January 2013
Confronting an increasingly overweighted private equity portfolio, CalPERS has made $700m in commitments to real estate funds and almost $1bn to four private equity funds.
2 min read · 22 January 2013
The Beverly, Massachusetts-based private equity real estate firm appoints a former hedge fund executive to help drive its institutional sales and capital-raising arm, Brookwood Securities Partners.
1 min read · 22 January 2013
A director at Guy Hands’ private equity firm Terra Firma is quitting his post to become managing director of W P Carey’s London office. Tom Quigley will be tasked with generating deals in Europe.
1 min read · 22 January 2013
The addition of former Skanska Infrastructure Development chief Simon Hipperson comes as the firm continues to build its team amid a reported $10bn fundraising effort.
2 min read · 22 January 2013
