The Apax founder is set to launch a series of alternative asset vehicles, the first of which is likely to be a property-focused hedge fund.
5 min read · 23 January 2013
Crescent Hotels hopes to acquire and nurse back to health more than $1bn in ailing hotels via its debut private equity real estate vehicle.
4 min read · 23 January 2013
The fugitive 2006-11-01 Staff Writer By all accounts, Steven Lee, an ambitious 30-something, Korean-American Harvard MBA, was a rising star at Texas-based Lone Star Funds. However, few falls in the industry's short history have been as dramatic—or as damagingly influential. Today, Lee is facing charges for t
2 min read · 23 January 2013
The lone wolf 2006-11-01 Staff Writer Starting with 1995's Brazos Fund, John Grayken's low-profile Lone Star Funds began establishing a track record recognized throughout the industry as one of the best. Cutting his teeth in the real estate division of investment bank Morgan Stanley and, later, working on re
2 min read · 23 January 2013
The US private equity firm is spending £410m on a central London office building.
1 min read · 23 January 2013
The theme of the fall 2006 event was “Back to Basics,” but attendees nevertheless found time to discuss emerging markets and distressed debt.
3 min read · 23 January 2013
The US investment bank has taken a stake in an upper scale residential developer for its third special situations fund.
2 min read · 23 January 2013
The founder of Apax Partners is courting investors for a new alternative asset management business, Portland Capital, reportedly in partnership with Lord Rothschild.
1 min read · 23 January 2013
The hotel firm’s new fund has made its first acquisition, the Detroit Marriott Livonia, and will focus on upscale properties throughout the US.
2 min read · 23 January 2013
The real estate arm of the New York-based investment bank has closed its third open-ended funded on $2.2bn. It will have exposure to private and public equity and debt securities.
2 min read · 23 January 2013