The $500m private equity fund will support the development of transport, energy and other infrastructure projects in the Latin American country. Ashmore, local partner Inverlink and technical adviser Macquarie have agreed to invest in the fund.
1 min read · 21 January 2013
Construtora Altana has closed it’s A-Pima fund targeting the affordable housing market in Brazil. Provident Group acted as placement agent.
1 min read · 21 January 2013
Infrastructure investors active in the region can expect more club deals by banks and a resurgence of multilateral and export agencies as sources of liquidity, according to project finance lawyers at law firm Shearman & Sterling.
3 min read · 21 January 2013
The Los Angeles City Employees’ Retirement System has changed its investment agreement with one of its general partners as it senses value in the US hospitality sector.
1 min read · 21 January 2013
The Dutch bank, with €72bn of real estate assets under management globally, has also parted company with its chief executive after revealing a €1bn loss during 2008.
2 min read · 21 January 2013
The Toronto Stock Exchange-traded alternative asset manager has reduced the final target for its buyout fund to $4bn from $4.5bn, but can increase its commitment in the future.
1 min read · 21 January 2013
Washington DC knocks New York City off the top global investment destination among foreign real estate investors, according to a new survey. The US was seen as the best market for capital appreciation, followed by Brazil and China.
1 min read · 21 January 2013
More than 10,000 votes were cast for the third annual PERE Awards and here – over the next dozen pages – we present the winners and runners-up of the Asia and rest of world awards. By Robin Marriott, Jonathan Brasse and Zoe Hughes. PERE March 2009
10 min read · 21 January 2013
Fund managers will however see opportunities in REITs, discounted fund interests, non- and partially-performing loans and defaulting land and development deals, according to LaSalle Investment Management’s annual strategy report.
2 min read · 22 January 2013
Dolphin Capital Investors, the listed arm of private equity real estate firm Dophin Capital Partners, has bought back 10 percent of its shares as part of a strategic investment slowdown.
1 min read · 22 January 2013
