The private equity real estate arm of the bankrupt investment bank could be bought out by the management team, including Mark Newman, Brett Bossung and European head Gerald Parkes, according to media reports. In August, Lehman Brothers Real Estate closed its latest global fund on $3.2bn.
1 min read · 22 January 2013
The managing director of Sydney's Principle Advisory Services, an Australiasian placement agent and advisor, expects factors including the 'denominator effect' and risk perception to decrease the size of re-ups and lenghthen fundraising times. He also thinks Russia- and Brazil-focused funds are in for a tough time.
2 min read · 22 January 2013
Underlining how the credit crunch is impacting on transforming markets, a mixture of Russian developers and retailers have held crisis talks with the government over accessing finance.
1 min read · 22 January 2013
TPG, Alchemy Partners and Permira have all been linked with a possible deal for debt related to Icelandic investor Baugur’s UK retail investments, which include House of Fraser, Debenhams and the iconic toy store, Hamleys.
2 min read · 22 January 2013
Simpson Thacher & Bartlett, the law firm for private equity and real estate heavyweights like Blackstone, KKR and JC Flowers, will guide the government as it spends up to $250bn purchasing equity stakes in banks.
1 min read · 22 January 2013
Following the defection of a senior team to JER, GE Real Estate has redeployed a senior figure in Asia to Central Europe.
1 min read · 22 January 2013
David Snow has some ideas for the US government, now the largest private equity firm in the world.
2 min read · 22 January 2013
The US investor is helping Slovakian developer GRUNT progress projects in Bratislava. GRUNT’s finance head says he sees the relationship being extended.
1 min read · 22 January 2013
Following the appointment of Mike Bryant as managing director of international debt recently, the firm has made Melanie Collett head of debt business development in the UK. GE is seeking to build on €4bn of real estate debt investments it has made in Europe since last year.
1 min read · 22 January 2013
Apollo has made an investment for its latest European fund by investing in German property. The seller was listed UK real estate company and fund manager Capital & Regional which branched out into Germany in recent years.
1 min read · 22 January 2013
