Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 21 January 2013
Tokyo-based KK daVinci is reportedly in talks to sell three prime offices in the city. A sale would come hot-on-the-heels of the firm’s $142 million divestment of the Lietocourt Arx residential tower to Kuwait’s St Martins Group.
1 min read · 21 January 2013
CVC, Hellman & Friedman, Welsh Carson, Advent and Actis are among the industry veterans to have won awards in the highly regarded Private Equity International Awards 2008.
2 min read · 21 January 2013
For the first time in nine years, London is no longer the most expensive city in which to rent office space. Hong Kong and Tokyo are now the world’s priciest locations, with prime Hong Kong offices renting for $2,200 sqm per year.
1 min read · 21 January 2013
Wilfred Wong will formulate and manage the Singaporean group's business strategies in China and Macau. Wong is also a delegate of the National People’s Congress of China and deputy vice chairman of golf course developer Mission Hills Group.
2 min read · 21 January 2013
The Canadian Pension Plan fell in value by C$13.8 billion to C$108.9 billion in 2008 as investment returns shrank. However according to the plan’s latest figures, its inflation-linked assets continued to grow in value.
1 min read · 21 January 2013
The quoted investment manager suffered a net loss for the first time in its history, due largely to hedge fund positions. Its private equity portfolio is 'in better shape' than many competitors, chief executive Nemir Kirdar has said.
2 min read · 21 January 2013
The UK property company established by the Kuwait sovereign wealth fund has acquired an asset in central Tokyo.
2 min read · 21 January 2013
London-based Geni Capital and Dubai's AREIT Management say the closed ended opportunity fund aims to launch with at least $100 million, with a cornerstone investor already having been lined up.
2 min read · 21 January 2013
The private equity real estate firm with more than $3bn in dry powder has told investors they can reduce their commitments by a tenth without penalty.
1 min read · 21 January 2013