Momentum Real Estate Partners is eyeing a $75m final close in the next year for its debut vehicle. The firm was launched by GFG founders Mauricio and Eduardo Gruener and Jaime Garcia in 2009.
2 min read · 24 January 2013
Dynegy has a history of private equity transactions, including a $2.35bn deal in 2005 in which Warburg Pincus took over one of its subsidiaries.
2 min read · 24 January 2013
On both sides of the Atlantic regulatory barriers are making fundraising for ‘foreign’ firms more difficult and expensive. GPs in emerging markets could be left out in the cold.
2 min read · 24 January 2013
A pending state bill that would force placement agents to register as lobbyists would create two sets of registration, reporting and compliance policies.
3 min read · 24 January 2013
The US multifamily sector has been bolstered thanks to liquidity from the mortgage insurers Fannie and Freddie. Impending reform of the government agencies though could prove painful for apartment borrowers and the sector.
3 min read · 24 January 2013
Florida-based Ram Realty and New York’s Square Mile Capital Management have formed a JV to acquire a portfolio of 38 non-performing loans with a total par value of around $150m.
1 min read · 24 January 2013
The group, founded by telecoms entrepreneur David Brillembourg, is targeting luxury beachfront hotels within three hours travelling time of Miami. The firm last year bought a Miami hotel for a group of family offices in a $30m all-cash deal.
2 min read · 24 January 2013
Two private equity firms have acquired almost all the assets of the 84-year-old Sea Island resort in a deal that saw creditors walk away from $340m of secured debt. Bankruptcy court must approved the deal, which is unlikely to be challenged.
2 min read · 24 January 2013
Los Angeles-based Oaktree Capital Management is in talks to buy a controlling stake in troubled Irish housebuilder McInerney Holdings
2 min read · 24 January 2013
The firm’s 2006 global buyout fund, which raised nearly $18bn, is nearing the 75% invested threshold.
2 min read · 24 January 2013
