The US-based infrastructure fund has also completed its first deal, with the purchase of a $363m stake in Florida-based Global Tower Partners from another Macquarie-managed infrastructure fund.
2 min read · 22 January 2013
Lehman Brothers has filed for Chapter 11 bankruptcy protection after failing to find a buyer over the weekend. The failed bank says it is in advanced discussions with a 'number' of potential buyers for its investment management unit, which includes Lehman Brothers Real Estate.
2 min read · 22 January 2013
The Boston-based firm has paid $52m for 13 industrial properties in the Golden State. The deal follows on its $118m multifamily deal in Orlando, Florida.
1 min read · 22 January 2013
As the US insurance giant struggles to raise capital, the fate of the firm’s substantial private equity business remains uncertain. AIG Investments has not been placed for sale as part of its parent’s capital raising measures.
4 min read · 22 January 2013
The New York-based firm has hired Gene Wolfson, former head of Citi's distressed equity trading group.
2 min read · 22 January 2013
The financial-services private equity firm is working with China's sovereign wealth fund and the major US bank on a joint bid, according to according to a report from the Financial Times.
1 min read · 22 January 2013
A joint venture between The Carlyle Group and GFI Capital Resources Group is looking to acquire distressed residential apartment buildings in the US.
1 min read · 22 January 2013
As Lehman faces bankruptcy, Eva Poon finds the bank is between a rock and a very, very hard place.
2 min read · 22 January 2013
The real estate investment management firm has appointed Jack Hsu as investor services director in Hong Kong in a bid to boost CBRE’s capital raising abilities in China, Singapore and Taiwan.
1 min read · 22 January 2013
The San Diego, California-based private equity real estate firm is continuing on its self-storage buying binge, picking up 1,130 storage units in a suburb of Dallas, Texas.
1 min read · 22 January 2013