The Mumbai-based publicly listed private equity arm of Infrastructure Leasing and Financial Services has partnered with Milestone Capital Partners for a real estate fund, as it plans to launch a larger $1bn fund in October.
3 min read · 22 January 2013
Harvard University's endowment is left without a head, as Mohamed El-Erian has left the $35 billion endowment for a senior role at PIMCO, where he'll lead a push into alternatives.
1 min read · 22 January 2013
Apollo Real Estate Advisors has hired Hollywood property pro Frank Buckley as the firm looks to bolster its operations on the West Coast.
1 min read · 22 January 2013
More than 1000 people are attending the 20th anniversary Carlyle investor conference in Washington DC. The event is featuring the unveiling of a new financial services fund, commentary from political luminaries and a performance by pop star Lionel Richie.
2 min read · 22 January 2013
The US' largest pension fund purchased a $600 million, 8.6 percent stake in Apollo, prior to the private equity firm's listing on Goldman Sachs' private exchange.
1 min read · 22 January 2013
The Indian private equity real estate fund will unveil its second offshore fund by the end of the year.
2 min read · 22 January 2013
The head of BlackRock investment management firm, spun out of The Blackstone Group in 1992, has stepped down as president—reportedly to raise a $1 billion fund for private equity, hedge fund and real estate investments.
2 min read · 22 January 2013
Catalyst Investors has closed its second buyout fund and a UK co-investment vehicle on $170 million, below their initial target of $250 million.
2 min read · 22 January 2013
Former NBA star Magic Johnson has endorsed a group created to oppose a House bill that would increase carried interest tax.
2 min read · 22 January 2013
Irish private equity and real estate firm First Equity Group has purchased two sites for development in Beverly Hills in the firm’s fourth deal on the West Coast.
2 min read · 22 January 2013
