Hong Kong-based CITIC Capital is reportedly in talks with China's national pension fund and the China Development Bank to set up a buyout and a venture fund.
2 min read · 21 January 2013
Fresh from raising nearly €1bn for its eighth mid-cap fund, the French private equity firm is aligning itself to take advantage of market dislocation. It is also raising its third small-cap fund.
2 min read · 21 January 2013
Asia-focused GPs face a year of working intensely with their investors, according to industry consultant and former CalPERS real estate investment officer Mike McCook. He warned delegates at the 2009 PERE Forum in Hong Kong to maintain constant dialogue with LPs.
1 min read · 21 January 2013
The Bridgeport, Connecticut-based People's United Bank has agreed a $35 million, three-year refinancing with opportunistic investor Talcott Realty. The loan is backed by the office property One Financial Plaza in Hartford.
1 min read · 21 January 2013
The private equity real estate firm has acquired part of the Bertelsmann Building in New York City through its $2.1 billion value-added fund for a reported $360m.
2 min read · 21 January 2013
The reductions follow the 1,000 jobs that the Australian investment bank eliminated between September and January. Macquarie Capital Advisors lost the most staff, according to sources.
2 min read · 21 January 2013
The Caribbean & Latin America Real Estate Fund will focus on distressed opportunities and development with a primary focus on the Dominican Republic, Puerto Rico, Antigua and Barbuda.
1 min read · 21 January 2013
The Houston-based real estate investment firm is positioning itself to take advantage of demand for office space once $2bn of retail and residential construction is completed in 2011.
2 min read · 21 January 2013
The Des Moines, Iowa-based real estate firm has appointed Michael Fortier as controller and chief financial officer of the funds managed by Aviva Investors’ New York office.
1 min read · 21 January 2013
Ports America, a stevedore owned by Highstar Capital, beat our eight other competitors for a 50 year concession to improve and operate five berths at the California port, the US’ third busiest by container volume. The contract is the first of its kind for US marine terminals.
3 min read · 21 January 2013
