The Wall Street firm has deferred the final close of its latest global property vehicle because investors have asked for more time. The firm remains confident, however, it is on track to raise its target of up to $10 billion.
2 min read · 22 January 2013
The Wall Street firm has deferred the final close of its latest global vehicle because investors have asked for more time, according to people familiar with the situation. The firm remains confident, however, it is on track to raise its target of up to $10 billion.
2 min read · 22 January 2013
The firm will pay roughly HK$2.4bn to add Natural Beauty on to existing portfolio company Global Radiance.
1 min read · 22 January 2013
Backed by Dubai International Capital and First Eastern Investment Group, the fund’s plans to close on $1bn by October have been dashed by investors’ lack of liquidity.
2 min read · 22 January 2013
The Indian real estate firm has appointed His Highness Maharaja Gajsingh of Jodhpur as chairman of its hospitality affiliate, Apodis. It follows the appointment of former CalPERS' real estate investment officer Mike McCook as advisor, and Dr PS Rana, former Hudco chairman, to lead its real estate and infrastructure projects.
1 min read · 22 January 2013
Zain Fancy, Roy Kwok, Bharat Khanna and Anand Madduri have joined New York's Och-Ziff to build out its Asia real estate platform.
1 min read · 22 January 2013
The real estate investment firm has appointed Scott Dwyer to develop its business in Central Europe, just as it is reportedly raising $750m for a follow-on China fund.
1 min read · 22 January 2013
The buyout firm's latest hires include former Coke executive Ludo Bammens as director of European corporate affairs. Meanwhile, Sanjay Nayar, ex-CEO of Citi's Asian operations, will be based in the firm's Mumbai office, which is opening in January.
1 min read · 22 January 2013
Hong Kong real estate investment manager Gaw, formerly Gateway Capital, is planning to raise a third fund for China. The firm is planning to develop middle-class and mass market residential property in secondary cities in the country.
1 min read · 22 January 2013
Shares in the publicly listed firm continued to drop amid dismal third quarter reports, but one analyst sees a bright future ahead for Blackstone. Fortress Investment Group shares reached their 52-week low at $2.
2 min read · 22 January 2013
