Friends in high places 2007-11-01 Staff Writer A giant residential complex now involved in a real estate controversy was home to a far more scintillating controversy. Dolphin Square in Pimlico near the Thames River in London is a great hulking mass of a building. It was built between 1935 and 1937 by a Briti
3 min read · 22 January 2013
The past year has seen a number of initiatives by the Chinese government to rein in foreign property investment, each different than the one before. Investors are learning to adapt to the constantly changing business environment. By Dave Keating
3 min read · 22 January 2013
Chuck Grassley and Max Baucus, the Senate Finance Committee members considering carried interest taxation and tax on publicly traded financial partnerships, are investigating patient care at private equity-owned nursing homes.
3 min read · 22 January 2013
The Association of Investment Companies, a UK trade body, has recommended the Walker report’s guidelines should be extended to all large companies because the regulations should not solely target private equity.
2 min read · 22 January 2013
India’s largest private equity fund has become the latest to float a fund to cash in on India’s booming real estate sector, estimated to reach $90 billion by 2015.
1 min read · 22 January 2013
EVCA, the European trade body, has argued the UK private equity industry’s attempt at self-regulation, the Walker report, should address its reservations in order to become a “European benchmark”.
2 min read · 22 January 2013
New York-based private equity real estate firm Apollo has hired Cindy Wenig as general counsel to advise on its transactions in the US and abroad.
1 min read · 22 January 2013
Mega-buyout firm The Blackstone Group has reportedly been cleared from allegations it offered a cut-rate price for hotel-chain operator Prime Hospitality, and has won a $25m settlement.
1 min read · 22 January 2013
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