Real estate investors and lenders are expected to target US coastal centres, such as San Francisco and Seattle, as capital continues to flow away from secondary and tertiary markets, according to a report by the Urban Land Institute and PricewaterhouseCoopers.
1 min read · 22 January 2013
Goldman Sachs, Coller Capital and Lexington Partners are reportedly among the groups considering bids for Lehman Brothers’ investments in US and European private equity funds.
1 min read · 22 January 2013
The Spanish fund of fund manager will next year raise a fund that for the first time will have a special situations component. In September the firm increased to 32 its headcount with eight new hires.
1 min read · 22 January 2013
The world's largest owner of infrastructure assets will now raise third-party capital to back infrastructure GPs around the globe.
2 min read · 22 January 2013
The fund will invest in private equity and special situation portfolios in South Korea and Asia Pacific.
1 min read · 22 January 2013
Market conditions worldwide are darkening, but the infrastructure asset class will likely be among the first to see the sun, writes Cezary Podkul.
2 min read · 22 January 2013
The auction for Lehman's Neuberger Berman and units including private equity fund of funds and secondaries, as well as infrastructure, will proceed despite objections from Carlyle over a $2.15bn bid from Bain and Hellman & Friedman.
2 min read · 22 January 2013
Stauffenberg Capital’s first fund of funds will be exclusively advised by real estate advisor Townsend as it seeks to capitalise on the dislocation in the markets. A first close is planned by the end of the year.
2 min read · 22 January 2013
The managing director of Sydney's Principle Advisory Services, an Australiasian placement agent and advisor, expects factors including the 'denominator effect' and risk perception to decrease the size of re-ups and lenghthen fundraising times. He also thinks Russia- and Brazil-focused funds are in for a tough time.
2 min read · 22 January 2013
The Washington, DC-based firm wants to outbid Bain and Hellman & Friedman for Lehman’s investment management unit, but has said provisions in the sales agreement including a $110m break-up fee will have a chilling effect on additional bidders.
2 min read · 22 January 2013