The Oman Investment Fund acquires half of the hotel chain from the Dublin-based private equity real estate firm, just one year after Quinlan purchased Jurys Inns for €1.17bn. The deal will allow Quinlan to take advantage of falling real estate values in the UK.
2 min read · 22 January 2013
GE Real Estate appoints Hutchinson to head up the operations in Europe and Asia for its new international business unit.
1 min read · 22 January 2013
Martin Lamb, who previously worked for the Morgan Stanley Real Estate Funds, has been hired by the service provider to join the Singapore office as head of Asia Pacific property.
1 min read · 22 January 2013
Paul Rivlin and Neil Lawson-May, the duo who staged a management buyout of Eurohypo Asset Management in April, have hired former Eurohypo real estate investment bankers Keith Davidson and James Tarry as they plan a series of debt funds.
1 min read · 22 January 2013
The Dubai private equity group has teamed with Dubai-backed real estate developer Nakheel to purchase a 20 percent stake in Cirque du Soleil. Famous for unusual live performances, the entertainment company will develop a permanent show on Dubai’s Palm Jumeirah island.
2 min read · 22 January 2013
The publicly listed investment firm also disclosed in its second quarter earnings call that it is nearing its $2.5bn target on a private equity-style credit fund – yet its fundraising pace has dropped more than 70 percent compared to the same period last year.
2 min read · 22 January 2013
Buyout firms have long been labour union targets. As LPs fall into their sights, it would behoove public pensions to extol private equity’s advantages, writes Amanda Janis.
3 min read · 22 January 2013
The McLean, Virginia-based private equity real estate firm hires former Washington state securities enforcement lawyer to head risk monitoring group.
2 min read · 22 January 2013
The Vietnam-focused real estate fund has hired Australian real estate development pro David Henry to oversee site acquisitions in early stages of development.
1 min read · 22 January 2013
The European private equity real estate firm has partnered with India’s Nichani Holdings for an Indian property vehicle that will seek capital from the large non-resident Indian population in Oman.
1 min read · 22 January 2013