The Merrill Lynch Asian Real Estate Opportunity Fund is the firm’s first Asia-dedicated fund, which will focus on Japan, China, South Korea and India.
1 min read · 22 January 2013
Investcorp president and chief operating officer Gary Long says the Bahrain-based firm’s investments portfolios were ‘under pressure’ owing to volatility in the financial markets.
1 min read · 22 January 2013
African fundraising soared to unprecedented heights in the first six months of 2008, but the second half of the year may not be as rosy, writes Matt Levin.
2 min read · 22 January 2013
Oak Hill Capital Partners bought US drug store chain Duane Reade in 2004 for $750m, a price allegedly based on inflated earnings numbers.
1 min read · 22 January 2013
The city’s aldermen approved the Citi Infrastructure Investors-led consortium’s $2.5bn bid to privatise Midway Airport, the largest such privatisation in the US to date. It came after the $12.8bn Pennsylvania Turnpike offer, in which Citi had also been involved, expired without a legislative vote.
2 min read · 22 January 2013
The firm has tapped George Herold from UK property investor Matrix to head up efforts in the UK and Europe.
1 min read · 22 January 2013
The real estate investment firm has picked up the 20-story One BriarLake Plaza office tower in Houston, Texas. The deal follows on the firm’s opening of a German office earlier this month.
1 min read · 22 January 2013
The California-based gatekeeper has signed onto a global framework that allows institutional investors to evaluate their portfolios to make sure risks related to environment, social and governance issues are being addressed.
2 min read · 22 January 2013
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
