A heated battle has emerged for PERE’s prestigious title of global industry figure of the year between Lone Star’s John Grayken, Starwood’s Barry Sternlicht, CIC’s Lou Jiwei and Vision Brazil Investment’s Rodrigo Abbud.
2 min read · 24 January 2013
Thayer will buy $307m for Interstate Hotels & Resorts in a 50-50 partnership with Shanghai Jin Jiang International Hotels. IHR shareholders have yet to vote on the plans.
2 min read · 21 January 2013
The oil and gas exploration platform, created in 2005 by a consortium including Carlyle, Goldman and First Reserve, hopes to fund its exploration activities despite having ‘no proved reserves’.
2 min read · 21 January 2013
The Chicago-based firm has bought an 8.5% interest in Brazilian Finance & Real Estate. The São Paulo firm is involved in mortgage origination, securitisation and asset management.
1 min read · 21 January 2013
The Los Angeles-based firm has raised $454m for Fund III and will target affordable homebuilding and distressed opportunities in Brazil, Peru, Mexico and Chile.
1 min read · 21 January 2013
The continued growth of China and India means Asia is set to provide the greatest range of investment opportunities in 2010, according to a recent report by the Chicago-based property manager which also said the best opportunities in the UK have passed.
2 min read · 21 January 2013
The $400m sale of commercial mortgage bonds by US mall owner Developers Diversified Realty was the first deal to be sold under TALF, following an 18-month dry spell for the CMBS industry.
2 min read · 21 January 2013
Harvest Capital Partners’ chief executive Rong Ren says there has been an ‘obvious change’ in attention towards China real estate.
2 min read · 21 January 2013
The $55m Mexico-listed fund raised by WAMEX – which will compliment a traditional fund, targeting $65m – is the first in a wave of expected offerings allowing domestic pensions to invest in the asset class.
2 min read · 21 January 2013
The pension’s $200m commitment to Hellman & Friedman, is evidence that it plans to continue to back private equity funds despite an ongoing pay-to-play investigation.
2 min read · 21 January 2013
