Having recently reported an increase in value and growth in the region, the firm’s private equity real estate arm will launch an East Africa-dedicated fund, its fifth fund in the last two and a half years.
2 min read · 22 January 2013
The UK retailer could become the second FTSE100 retailer to go private after Boots Alliance, but it says it won’t sell off its real estate assets.
2 min read · 22 January 2013
The US alternative assets group has sold a further 7.5 percent stake in itself to a strategic investor, valuing David Rubenstein’s firm at $20 billion. It sold 5.5 percent to CalPERS in 2000.
2 min read · 22 January 2013
The European body has launched two initiatives designed to allow investors greater access to information to benchmark performance.
3 min read · 22 January 2013
Peter Struck, head of the SPD faction in the German parliament, is calling for rules to limit private equity’s ability to take controlling stakes in some German companies.
2 min read · 22 January 2013
Goldman Sachs Capital Partners and Madrone Capital Partners have paid $1bn to take a minority stake in hotel group Global Hyatt Corporation, as its family owners prepare to split the business up.
1 min read · 22 January 2013
Global real estate firm Hines and investment partner CalPERS have reportedly sold the 919 Milam office building in downtown Houston to Chicago-based Transwestern Investment Company.
1 min read · 22 January 2013
The municipal government is making 20 plots available to investors and will be considering offers starting next month.
1 min read · 22 January 2013
Chicago-based Harrison Street and New York-based Kaplan Development Group have joined forces to develop, redevelop and acquire senior housing properties throughout the Northeast and Southeast US.
1 min read · 22 January 2013
Sir David Walker has published his recommendations on how UK private equity must improve transparency. The consultative report focuses on three areas: annual reporting by large portfolio companies; annual reporting by GPs, and the co-ordination of industry-wide performance data.
4 min read · 22 January 2013
