The US investor says it is opening in the Netherlands as part of a growth plan in Europe where it advises a series of value added and opportunistic funds.
1 min read · 22 January 2013
The publicly traded Canadian buyout firm expects to hold a final close on its third mega-fund in early 2009. CEO Gerald Schwartz has said despite having done no deals in the second quarter, Onex sees attractive opportunities and is not discouraged by credit conditions.
2 min read · 22 January 2013
The president of private equity real estate firm GoldenTree InSite Partners, Tom Shapiro, has warned the US real estate market is in store for more pain ahead as fundamentals, such as rents, weaken. It comes as UK real estate company, British Land, said prospective rents were “drifting downwards.”
2 min read · 22 January 2013
A report by PCA to the $234bn California pension fund has highlighted China and India as the most attractive emerging markets in which to invest. The pension will next week consider backing calls to allocate significantly more capital to emerging markets over the next decade.
2 min read · 22 January 2013
The $234.2bn pension is mulling a possible change to its private equity allocation, as the twin forces of sinking assets under management and shrinking distributions have combined for an overweighted alternatives exposure.
3 min read · 22 January 2013
Increased commitments at Morgan Stanley Real Estate is the reason given for the retirements of Gabriela Gryger and Gavin MacDonald from the board of Songbird Estates, the consortium that majority owns Canary Wharf in London.
1 min read · 22 January 2013
Following its massive investment in Macau casino and hotel operator Galaxy, the firm has hired a former Goldman banker in its recently established Hong Kong office to lead its efforts in Greater China.
2 min read · 22 January 2013
The real estate investment arm of Prudential Financial is teaming up with investment and development company L&L Holdings to target office buildings in the New York City metro area. The firms argue ‘softening’ prices are generating unique opportunities.
2 min read · 22 January 2013
The oil and gas acquisition and operating company formed by Texas-based private equity firm, EnerVest, has inked four deals to purchase oil and gas properties across the US.
1 min read · 22 January 2013
The fund of funds is actively focusing on real estate in Asia as it plans to boost its investments in unlisted real estate funds generally. The firm will also raise new Asia property funds. According to new Asia Pacific head, Martin Lamb, the next 10 years will be the “decade of investing in Asia."
2 min read · 22 January 2013
