Heitman veteran Harold Schwartz, previously head of Europe acquisitions, will lead the Chicago-based firm’s expansion into the Asia-Pacific region. Schwartz will be based in Tokyo.
1 min read · 22 January 2013
The Seoul High Court has reversed a lower court's decision that convicted the US private equity firm of manipulating the stock price of the credit card division of the Korea Exchange Bank; the decision brings Lone Star one step closer to a $6.3bn sale of its stake to HSBC.
2 min read · 22 January 2013
The mega-buyout firm has revealed its private equity real estate business returned $1.3 billion to investors last year from 38 exits.
3 min read · 22 January 2013
The London-based property fund manager has appointed former Goldman Sachs professional Michael Flynn as managing director of the new branch.
1 min read · 22 January 2013
The asset management division of Aviva has hired two asset managers to join the firm’s UK Retail Property Funds team.
1 min read · 22 January 2013
Since last summer, equity sponsors and their investors have renewed their emphasis on emerging markets with vigor.
2 min read · 22 January 2013
The global private equity firm has partnered with two medical technology executives to target acquisitions in the healthcare sector.
2 min read · 22 January 2013
As political scrutiny of private equity intensifies in Europe, EVCA has appointed Jonathan Russell, buyout chief of FTSE 100-listed 3i, to its chair this year. The executive is accustomed to the glare of the public spotlight.
2 min read · 22 January 2013
The private equity firm launched by former Grubb and Ellis chairman Anthony Thompson hires ex-Renaissance Senior Living exec Lauri Schutz as the fund’s chief financial officer.
1 min read · 22 January 2013
US firm Prudential Real Estate Investors (PREI) has expanded its investment relationship with partner Beekman Helix India Partners by establishing a joint private equity real estate platform, Pramerica BHI India.
1 min read · 22 January 2013