The Blackstone Group has closed its latest global real estate fund, which is the largest real estate opportunity vehicle ever raised. About 35 percent of the commingled vehicle already is invested.
3 min read · 17 January 2013
After investing $85 million in a troubled office portfolio controlled by an SL Green venture, the New York-based private equity and real estate giant has assumed a majority ownership stake in the properties.
2 min read · 17 January 2013
While many US pension plans are putting their faith in core strategies, KKR is urging them to go opportunistic
3 min read · 17 January 2013
The New York-based fund manager is due to close its latest real estate vehicle, which provides growth capital to public and private real estate companies, next month.
2 min read · 17 January 2013
Sam Zell has taken over as interim chief executive officer of the US private equity real estate firm while it seeks out a successor.
3 min read · 17 January 2013
A recent survey from Coller Capital and the Latin American Private Equity & Venture Capital Association found that a majority of LPs will either increase or stand pat on commitments to Latin American funds over the next year.
2 min read · 17 January 2013
The Greenwich, Connecticut-based firm is expected to round out its latest distressed opportunity fund at close to $3 billion by the end of 2012, near the high end of its original target range.
2 min read · 17 January 2013
The New York-based real estate developer and fund manager has exceeded the target for its third Brazil fund, but plans to keep the vehicle open to investors through the end of the year.
2 min read · 17 January 2013
Finesa Real Estate Group has held a first close on its investment vehicle, Diversified International Partners. This marks the first time that Colombian pension funds have invested in US real estate through a discretionary fund.
3 min read · 17 January 2013
Simon Hipperson, a former managing director in London at the New York-based buyout firm and one of the architects of its Global Infrastructure Partners platform, has been hired by Australia’s Lend Lease as chief executive officer for Europe, the Middle East and Africa.
2 min read · 17 January 2013
