Lehman Brothers Private Equity, which is not part of Lehman Brothers bankruptcy, said the turbulent markets contributed to the decrease. Meanwhile, the rebounding US dollar helped Princess Private Equity's NAV increase in September.
2 min read · 22 January 2013
O’Connor Capital Partners has sold the 102,842-square-foot retail and commercial condominium at its landmark Manhattan House property in New York City.
1 min read · 22 January 2013
The joint venture, capitalised with $100m, will acquire portfolios of residential properties including homes and condos from lenders and homebuilders.
2 min read · 22 January 2013
The London-based property investment manager has purchased an apartment block in the Bay Area for its $205m value-added multifamily fund, CASA IV.
1 min read · 22 January 2013
The distressed investment specialist has teamed with South Korea's National Pension Service to jointly pursue investments in private equity, special situations and real estate.
2 min read · 22 January 2013
Curzon Global Partners/AEW Europe have partnered with Cleaveland Asset Management to acquire 32 offices in France for their latest vehicle, the €800m European Property Investors Special Opportunities fund.
1 min read · 22 January 2013
Prudential Corporation Asia, Warburg Pincus and other undisclosed firms are reportedly investing $300m in Bangalore-based property developer MetroCorp. The developer is targeting 6,000 acres in India.
1 min read · 22 January 2013
The Australian property group, which has a stand at this year’s Expo Real property show, has hired Robert Rackind to join its European team.
1 min read · 22 January 2013
Shaun O’Connor, joining the firm as chief financial officer, was previously with GE Real Estate as chief financial officer for its US and European units. He was also previously with American International Group and IBM.
1 min read · 22 January 2013
The Singaporean sovereign wealth fund could fetch an estimated $2.5bn in what will be its third power company sale in 2008.
2 min read · 22 January 2013