Jesús Olmos Clavijo, former CEO of Spanish utility Endesa, will report to Marc Lipschultz, KKR’s global head of energy and infrastructure and work alongside Simon Hipperson, managing director in its European infrastructure team in London.
2 min read · 22 January 2013
Former chiefs of Blockbuster, PepsiCo and Pizza Hut will manage the fund for the Texas mid-market firm.
1 min read · 22 January 2013
The US firm is deploying part of its latest global fund to establish a joint venture with Longbow Real Estate Capital to invest in UK debt and property company recapitalisations.
1 min read · 22 January 2013
Industry commentator Steve Felix urges private equity real estate to let nature run its course.
2 min read · 22 January 2013
The private equity real estate arm of BNY Mellon Asset Management originally bought the White Plains building in a JV with Onyx for $68.6m. It has sold the property for $82m.
1 min read · 22 January 2013
The New York-based private equity firm said it is waiting for real estate valuations to decline further before beginning to invest the capital. However, Blackstone’s real estate portfolio has been written down by 10% owing to the market turmoil.
2 min read · 22 January 2013
The Los Angeles-based private equity firm has purchased a 17% stake in the Nasdaq-listed organic foods grocer, which has struggled amid cutbacks in consumer spending. Leonard Green is investing from its fifth private equity fund, which closed last year on $5.3bn.
2 min read · 22 January 2013
While fund managers have been busy raising distressed property vehicles, the bitter pill to swallow is that some LPs are unable to allocate equity to such funds at the moment, according to research by a prominent private equity real estate expert.
2 min read · 22 January 2013
The Irvine, California-based firm is expanding its human capital following the initial close of its Western National Realty Fund II earlier this year.
1 min read · 22 January 2013
With 30 of the nation’s transit agencies at risk of bankruptcy due to AIG-guaranteed bank loans, some members of Congress are beginning to ask for stronger oversight of PPP financings to make sure they don’t cause similar troubles for the public sector.
2 min read · 22 January 2013
