The fund management arm of the British property group, owned by the Duke of Westminster, is set to make its first investment from its Grosvenor Residential Investment Partners fund, which closed last year on $100m.
2 min read · 22 January 2013
The Los Angeles-based private equity firm steps in to acquire $25m of debt secured on Michael Jackson’s Neverland Ranch. The star said he would be talking to Tom Barrack to discuss his options.
2 min read · 22 January 2013
The captive infrastructure firm of the US bank has closed its latest fund, which has already made more than $1bn of investments. More than 100 employees of the bank invested.
2 min read · 22 January 2013
The California pension has also reported commitments to Advent, Audax and Huntsman Gay.
2 min read · 22 January 2013
The investment firm will buy a Chinese dairy business from Hunan AVA Holdings to capitalise on the rapid growth of the infant formula business in the country.
2 min read · 22 January 2013
The Middle East investment firm's third private equity fund will allow foreign contractors in Kuwait to fulfill ‘offset obligations’ through an investment in the fund.
2 min read · 22 January 2013
The Westport, Connecticut-based firm looks to the emerging markets and US distressed opportunities as it raises its second real estate vehicle, WCP II.
1 min read · 22 January 2013
The multi-strategy assets manager has tapped Deutsche Bank veteran Robert Goodman to head its growing alternative asset unit.
2 min read · 22 January 2013
The PERE 30 has achieved a first: A single standard of measurement to rank all private equity real estate firms.
2 min read · 22 January 2013
The Australia-listed investment and specialised fund manager has raised another $450m to take advantage of opportunities in infrastructure in North America.
1 min read · 22 January 2013