Warburg Pincus has received commitments from 340 investors for its latest buyout fund, which will target real estate and other strategies. The firm also will offer a fee break to LPs committing $200 million or more.
1 min read · 17 January 2013
The Africa, Asia and Latin America-focused private equity firm has completed the third exit of its $150m Actis Africa Real Estate Fund selling its 85% stake in the Accra Mall in Ghana to South African buyers.
2 min read · 17 January 2013
The global investment management firm said it was ‘engaging with investors’ on the launch of the Henderson High Income Real Estate Debt Fund and Senior Secured Real Estate Debt Fund.
2 min read · 17 January 2013
The $154 billion state pension has purchased a controlling stake in US multifamily developer LCOR from the estate of the former Wall Street banking giant for $820 million.
2 min read · 17 January 2013
The Houston-based real estate firm has corralled a total of €390 million for its Hines Russia & Poland Fund, giving the vehicle total leveraged purchasing power of €900 million in the region.
3 min read · 17 January 2013
The new venture plans to spend more than $140 million on industrial, value-added acquisitions in Chicago, New Jersey and New York.
1 min read · 17 January 2013
The London-based property fund management firm has snapped up a portfolio of six retail assets in Stockholm and other Swedish cities for its core-plus/value-added fund, TransEuropean Property Limited Partnership V.
2 min read · 17 January 2013
The New York-based private equity firm said today it had agreed to buy the assets of stricken Speymill Deutsche Immobilien from receivers a month after reports first surfaced of the investment.
2 min read · 17 January 2013
The Morristown, New Jersey-based real estate firm has successfully refinanced with Morgan Stanley the debt on a portfolio of offices it acquired in northern Virginia and suburban Maryland.
1 min read · 17 January 2013
John McCarthy, Starwood Capital Group’s global head of asset management, who held a similar role for the real estate division of collapsed Wall Street bank Lehman Brothers, is expected to join ADIA’s Real Estate Department next month.
2 min read · 17 January 2013