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
The firm that Stephen Schwarzman and Peter Peterson left in 1985 has crumbled to a roughly $3bn market capitalization, versus Blackstone’s $4bn. It follows moves to spin off its $30bn commercial real estate exposure and sell a 55 percent stake in its PE and RE arms.
1 min read · 22 January 2013
ICICI Venture is to suffer another high profile departure. Deshpande is set to leave the firm, reportedly to take a position with NEA, just months after Aluri Rao left to lead Morgan Stanley Private Equity’s India operations.
2 min read · 22 January 2013
Confronting an increasingly overweighted private equity portfolio, CalPERS has made $700m in commitments to real estate funds and almost $1bn to four private equity funds.
2 min read · 22 January 2013
The Beverly, Massachusetts-based private equity real estate firm appoints a former hedge fund executive to help drive its institutional sales and capital-raising arm, Brookwood Securities Partners.
1 min read · 22 January 2013
