The real estate group has also sold its debt fund management and servicing arms to Andrew Farkas’ Island Capital Group for $110m as part of the reorganisation.
2 min read · 24 January 2013
Blackstone Real Estate Special Situation Fund II is targeting non-controlling debt and equity investments globally, raising roughly $750m to date.
2 min read · 24 January 2013
Representative Sander Levin, a longtime advocate of taxing carried interest as ordinary income, has been appointed chairman of an influential US House of Representatives Committee.
1 min read · 24 January 2013
The Dallas-based fund plans to invest capital on behalf of UK and European investors to invest in “mid-sized” properties in the US.
1 min read · 24 January 2013
The former Merrill Lynch head of private equity fund origination says an expected rise in fundraising will benefit CP Eaton.
2 min read · 24 January 2013
Managers who sold at the height of the market will be rewarded for their ‘discipline’ when LPs once again start deploying capital to private equity real estate vehicles.
3 min read · 24 January 2013
A feeder fund raised by an affiliate of private equity firm Yucaipa will invest in large infrastructure and real estate assets, with OMERS chief executive Michael Nobrega hoping to have US participants identified by the end of the year.
3 min read · 24 January 2013
Song Wei has left Chicago-based Equity International to become a managing director at Pacific Alliance Group, the Hong Kong-based alternative assets management firm.
1 min read · 24 January 2013
The firm, which is yet to close its maiden fund, has bought a 50% stake in The Bentall Centre in London for £130m from Aviva. Meyer was reportedly close to finalising a deal last year for £105m.
2 min read · 24 January 2013
Steven Gorey has joined the New York-based firm as chief operating officer as it increasingly targets distressed US real estate.
1 min read · 24 January 2013
