UK fund manager New Star has been forced to take action following mass redemptions at its international property fund in the past few weeks.
2 min read · 22 January 2013
Rachel Tan, former global head of business development for real estate and private equity at French bank Société Générale, is helping expand the capital raising business at Australia’s Macquarie Group.
1 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
The UK's plan to raise taxes for the highest earners may cause investors to seek more favourable tax climates, such as Switzerland, Ireland and the Middle East, says BVCA chief executive Simon Walker. The UK's plans would see the highest earners pay almost 60 percent of their income in taxes.
1 min read · 22 January 2013
Vietnam firm Dragon Capital has appointed Fraser Wilson from Dutch bank ING to lead its property team.
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
A consortium including KKR, Carlyle and Cardinal Asset Management has reportedly tabled a €3bn bid to be part of Ireland’s first bank bailout. JC Flowers is also reportedly in the running to recapitalise Ireland's oldest bank.
1 min read · 22 January 2013
The International Private Equity and Venture Capital Valuation board has said GPs should be asked to comply with its mandate by investors. The committee chairman Herman Daems stressed the importance of transparency and fair comparison.
1 min read · 22 January 2013
Last month, the Abu Dhabi-backed investment firm acquired a majority stake in a UAE specialty beverage distributor.
1 min read · 22 January 2013
Marcus Shepherd, former European chief financial officer for Australian fund manager Valad Property Group, is joining the firm in January.
1 min read · 22 January 2013
