Norway’s sovereign wealth fund, Government Pension Fund Global, is aiming to make minimum outlays of $500m per deal. The fund, managed by Norges Bank Investment Management, plans to take 25 percent to 85 percent stakes in its investments as it seeks alignment interests with its partners.
2 min read · 18 January 2013
The city’s airport management arm is seeking investor feedback on a deal that would privatise Los Angeles’ Ontario Airport without going through the Federal Aviation Administration’s pilot privatisation programme.
3 min read · 18 January 2013
The London-based insurer has been chosen by Dutch pension fund, Stichting Pensioenfonds Medisch Specialisten, to manage its 34 unlisted real estate holdings and to advise on its future strategy in the sector.
1 min read · 18 January 2013
Tom Barrack’s Colony Capital has made a reported $35m investment in ‘hospitality, real estate development and lifestyle’ company SBE.
1 min read · 18 January 2013
The New York-based firm primarily is targeting recapitalisation opportunities, particularly in the multifamily, hotel and retail sectors. When it comes to office, though, North America CEO Richard Mack admits AREA is more “reluctant”.
2 min read · 18 January 2013
The firm, led by Leon Black, invested about $23bn through the financial downturn including more than half of its $14.7bn seventh fund, which closed in 2008.
2 min read · 18 January 2013
The New York-based firm paid $45.2m for the midtown Manhattan office property, in what was William Macklowe’s first transaction without his father, Harry.
1 min read · 18 January 2013
After closing its third deal, the San Francisco-based firm said the scale of opportunities in the US recapitalisation market could see it invest the remainder of its $250m debut fund this year.
2 min read · 18 January 2013
A joint venture between JP Realty and KGW Real Estate is looking to raise $150m for office, industrial and land purchases primarily in three key cities
2 min read · 18 January 2013
The Washington DC-based firm has named 15 new managing directors, including Andrew Chung, Barbara Murphy and Edward Samek, alongside 20 promotions to principal/director.
2 min read · 18 January 2013
