The private equity real estate arm of private equity giant The Carlyle Group has closed its fifth US-focused property fund on $3bn.
1 min read · 22 January 2013
The head of BlackRock investment management firm, spun out of The Blackstone Group in 1992, has stepped down as president—reportedly to raise a $1 billion fund for private equity, hedge fund and real estate investments.
2 min read · 22 January 2013
Former NBA star Magic Johnson has endorsed a group created to oppose a House bill that would increase carried interest tax.
2 min read · 22 January 2013
A leading fund manager said today that the shock waves emanating from the subprime mortgage crisis in the US could stifle investment activity in the European commercial real estate market.
3 min read · 22 January 2013
Irish private equity and real estate firm First Equity Group has purchased two sites for development in Beverly Hills in the firm’s fourth deal on the West Coast.
2 min read · 22 January 2013
Industrial REIT DCT is working with JP Morgan Asset Management on a joint venture to invest in the US logistics sector.
1 min read · 22 January 2013
Having closed on its third private equity real estate vehicle in March, Atlanta-based Noble Investment Group has bought the Hyatt Regency Milwaukee—its eighth property investment this year.
2 min read · 22 January 2013
The departure of Bill Hughes is the latest in a series of resignations at RREEF, the real estate and infrastructure arm of Deutsche Bank.
1 min read · 22 January 2013
The New York-based real estate investment firm has reportedly made a second residential acquisition for its new US-focused multifamily fund.
1 min read · 22 January 2013
A year after Carlyle was first mooted as a potential suitor, the US firm has finally gained acceptances from almost 97 percent of shareholders to take over European factory outlet developer Freeport for £155 million (€228miilion;$304 million).
1 min read · 22 January 2013
