Indian development firm GMR Infrastructure will purchase AIG’s 50 percent stake in power generation company InterGen, while Ontario Teachers’ will continue to hold the remainder of the company it purchased with AIG in 2005.
2 min read · 22 January 2013
Hong Kong tycoon Li Ka-shing’s firm will mainly focus on the main cities in China, Singapore, Hong Kong and Malaysia, but also look to Taiwan, Thailand and Vietnam. With leverage, ARA has a potential $5bn to invest.
1 min read · 22 January 2013
CITIC CapitalLand Business Park Fund has closed on $72.5m, having raised money from domestic Chinese institutional investors. It is the first private equity real estate fund to be denominated in Yuan.
1 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 UK government-backed fund of funds has invested in funds from IDFC, Actis and Kotak.
2 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
Since last summer, equity sponsors and their investors have renewed their emphasis on emerging markets with vigor.
2 min read · 22 January 2013
The London-based firm’s chief executive Simon Treacy says a second vehicle dedicated to Japan is in the works. The news comes as the firm has just closed the largest dedicated Asia real estate vehicle ever on $3.9bn.
1 min read · 22 January 2013
The two firms have launched a private equity infrastructure fund for in the gas transportation, power generation and railways sectors in emerging markets globally.
2 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
