The amount of chatter around private equity real estate firms raising debt funds has been hard to escape, but so far all of that talk hasn't been matched by a huge amount of actual money changing hands. As the banks remain hesitant to sell at rates which could deliver equity-like returns for the funds, many are starting to wonder whether there will really be the kind of opportunity in debt that boosters initially promised. By Dave Keating
10 min read · 22 January 2013
Kim Ho-Shik, the ousted former president of South Korea's $230bn National Pension Service, has joined the advisory board of the Singapore-based real estate investment firm.
4 min read · 22 January 2013
The growth story of the summer has been in Asia, with many firms opening new offices and making hires to manage the rapidly increasing amount of capital dedicated to the East. The type of structures and personnel they are choosing says much about their strategy going forward. By Dave Keating
6 min read · 22 January 2013
Ian Gleeson, who oversaw Morley's international multi-manager service, has joined CBRE Investors to help grow the firm's platform.
6 min read · 22 January 2013
Westport Capital Partners has made two acquisitions in the US healthcare market this summer—joining a slew of other private equity firms that are pumping capital into the sector.
4 min read · 22 January 2013
Abu Dhabi, Ithmaar and Gulf Finance House are reportedly looking to raise three private equity funds, including one focused on infrastructure and another on the hospitality sector.
2 min read · 22 January 2013
The exit, which was made in light of Romanian regulatory changes on the horizon, came as a ‘disappointment’ to the renewable energy-focused private equity firm, which had looked forward to building the largest wind farm development in Europe.
2 min read · 22 January 2013
SHUAA Capital has raised $240m for the first close of its hospitality fund focused on Saudi Arabia, ‘the first private equity fund domiciled in the Kingdom'. The fund will develop 17 hotels, apartments and resorts in the country.
2 min read · 22 January 2013
The joint venture that recently raised a $1bn real estate fund is targeting the Florida residential sector. The firms have acquired 500 condos in the Sunshine State ‘at significant discounts.’
1 min read · 22 January 2013
The private equity arm of the Middle East investment bank holds a first close on its Saudi Hospitality Fund on $240m. The fund – said to be the first Saudi Arabia-domiciled private equity real estate fund –will develop 17 hotels and apartments in the kingdom.
1 min read · 22 January 2013