The New York-based private equity and real estate giant’s first-quarter earnings call revealed the relative strength of its real estate platform over private equity, particularly on the fundraising front.
3 min read · 17 January 2013
The New York-based investment management firm’s debut offering attracted $900 million in equity from limited partners such as Singapore sovereign wealth fund Temasek, but it fell short of its $1 billion goal.
2 min read · 17 January 2013
The Greenwich, Connecticut-based private equity real estate firm bought the properties from The Westfield Group, which is selling eight of its non-core US centres for $1.15 billion.
2 min read · 17 January 2013
The Government of Singapore Investment Corporation (GIC) is re-upping with a London-based investment management firm in a special situations fund with a six-year life span.
2 min read · 17 January 2013
Philip Fitzgerald, who was part of the team that ran Paladin’s active Latin American investment platform, has left the firm to pursue other opportunities.
2 min read · 17 January 2013
AIG Global Real Estate, the one-time $40 billion real estate investment management business of credit crunch poster-boy American International Group, wants to be a real estate player again. It might just have the capacity for a comeback.
4 min read · 17 January 2013
The Toronto-based residential real estate investment firm has invested in a Dallas mixed-use development and a Houston master-planned community on behalf of its eleventh commingled fund and a separate account, respectively.
2 min read · 17 January 2013
The New York-based private equity giant has agreed to buy a 17 million-square-foot portfolio of 69 US industrial properties from Dexus Property Group on behalf of its BREP VII fund.
2 min read · 17 January 2013
The New York advisory boutique is expanding further by hiring Matt Hershey from Brookfield Asset Management and Matilde Attolico from Merrill Lynch Private Equity Funds Group spin- out, Mercury Capital Advisors.
2 min read · 17 January 2013
Westport Capital Partner Fund III has closed on more than $571 million in equity commitments, or 15 percent above its target. The value-added vehicle will focus on distressed opportunities throughout the US, including distressed debt and real assets.
1 min read · 17 January 2013