The Royal Bank of Scotland is reportedly poised to sell up to £3bn in real estate loans as part of a wider project to “shed large chunks of its business” it “can no longer afford” according to a report by the Financial Times.
2 min read · 24 January 2013
The private equity industry awaits resolution on the AIFM directive as three-way negotiations between the EU parliament, the Council of Ministers and the European Commission are expected to conclude in July.
3 min read · 24 January 2013
The Shanghai-listed company will commit around $44m to Blackstone’s maiden RMB-denominated fund, which aims to raise roughly $735m.
1 min read · 24 January 2013
The Sydney-headquartered firm will seek to raise ‘several hundred million dollars’ each for a private equity and real estate fund which are ‘risk-adjusted to Australia but reward-adjusted to China’.
2 min read · 24 January 2013
Private equity firms CVCI and Ascent Capital will partially exit their holdings in the Indian power development company as it looks to raise INR11.4bn from its IPO.
2 min read · 24 January 2013
KKR is now bidding alone for the Australian hospital operator against a powerhouse trio comprising of Blackstone, TPG and Carlyle.
2 min read · 24 January 2013
Jay Mantz, president and chief investment officer of Morgan Stanley Real Estate Investing, told the PERE Forum: Europe that he expected the US to offer the best out-performance opportunities while Europe offers little by way of growth.
2 min read · 24 January 2013
Infrastructure Development Finance Company, the India-focused infrastructure business, is to set up a real estate investment arm and has hired former SUN-Apollo managing director and chief executive officer, Chetan Davé to lead the platform.
1 min read · 24 January 2013
Weijian Shan has been appointed chairman and CEO of Pacific Alliance Group, where he will also head an Asia-focused buyout fund. TPG will continue to maintain a 'business relationship' with Shan.
3 min read · 24 January 2013
The Chicago-based firm is raising its third fund, targeting $500m of equity and focused on off-campus student housing, senior housing, medical offices and storage properties.
2 min read · 24 January 2013
