The private equity real estate firm will invest in value-added and development opportunities in the region through its second Asia-focused real estate vehicle, according to US pension documents. It raised $410m for its first Asia-focused fund three years ago.
2 min read · 22 January 2013
China’s $200bn sovereign wealth fund has said that it will not pump money into troubled western financial institutions citing a lack of ‘sincere cooperation’ on the part of the US government.
2 min read · 22 January 2013
The San Mateo, California-based financial group, which manages value-added and opportunistic real estate funds, applies for bank holding status as it seeks a capital infusion from the US government.
2 min read · 22 January 2013
Two unnamed European pensions have committed funds to the Luxemburg-based investment manager.
1 min read · 22 January 2013
Dolphin Capital Investors, the listed arm of private equity real estate firm Dophin Capital Partners, has bought back 10 percent of its shares as part of a strategic investment slowdown.
1 min read · 22 January 2013
San Diego-based Pacifica Equity Partners looks to distressed residential deals and senior housing in US sunbelt states.
2 min read · 22 January 2013
A management group from Lehman Brothers beat out a $2.15bn bid from Bain Capital and Hellman & Friedman for the bank's investment management division, which includes infrastructure and some private equity businesses.
2 min read · 22 January 2013
The Marshall Real Estate Management Fund will target distressed late-stage construction projects and real estate in Moscow. The firm said assets were trading at 'considerable discount' thanks to the credit crunch.
1 min read · 22 January 2013
David Ferrero has joined the Boston-based private equity real estate firm set up by ex-AEW Capital principals Martin Zieff and Mark Potter. He is one of three to join the ranks at Alcion, including Eugene DelFavero and Meg Donahue.
1 min read · 22 January 2013
Why the collapse of the UK retailer, with its 800 stores, is unlikely to arouse much interest from private equity real estate funds.
3 min read · 22 January 2013