The Kuwait-based firm has announced the closing of a $75 million fund, with 40 percent already committed to four deals in Dubai and Kuwait.
1 min read · 22 January 2013
The Los Angeles-based private equity real estate firm spent one month raising capital for its distressed credit fund, raising a total of $900m from existing investors. The fund is expected to invest in distressed property debt and operating companies with strong real estate components.
2 min read · 22 January 2013
Kim Ho-Shik, former president of South Korea’s $230bn National Pension Service, has joined the advisory board of the Singapore-based real estate investment firm.
2 min read · 22 January 2013
The Oman Investment Fund acquires half of the hotel chain from the Dublin-based private equity real estate firm, just one year after Quinlan purchased Jurys Inns for €1.17bn. The deal will allow Quinlan to take advantage of falling real estate values in the UK.
2 min read · 22 January 2013
The European private equity real estate firm has partnered with India’s Nichani Holdings for an Indian property vehicle that will seek capital from the large non-resident Indian population in Oman.
1 min read · 22 January 2013
The real estate division of Bahrain-founded Investcorp has started to invest its latest US debt vehicle by acquiring $210m of junior and mezzanine loans.
1 min read · 22 January 2013
The number of recent private equity investments in wind farms has been head-spinning.
3 min read · 22 January 2013
The Kuwait-based firm has acquired a quarry and site for a cement plant in Tunisia on a Greenfield plot over 220 hectares.
2 min read · 22 January 2013
Fresh off the close of its $7.5bn sixth buyout fund, the distressed-focused private equity firm will buy the CDOs from Merrill Lynch for $6.7bn. The investment bank will finance 75 percent of the purchase price.
2 min read · 22 January 2013
After the Investment Corporation of Dubai dropped out of the bidding for Land Securities’ $2.8bn outsourcing arm Trillium, the Qatar Investment Authority has reportedly emerged as a prospective bidder.
1 min read · 22 January 2013