Dallas-based Lone Star is reportedly among a group of lenders which are seeking to take over Tokyo Star, the Tokyo-based bank currently owned by private equity firm Advantage Partners.
2 min read · 18 January 2013
An informal survey taken at PEI Media's CFOs and COOs Forum in New York last week revealed GPs plan to contribute between 2% and 5% to their own funds going forward to better align interests with LPs.
3 min read · 18 January 2013
The New York firm, which only sold the landmark OpernTurm tower in the same city last month, said it would be developing a 40-storey office in joint venture with Commerz Real.
1 min read · 18 January 2013
The SEC lacks the manpower and expertise to monitor private equity and real estate firms, former SEC chairman Harvey Pitt told delegates at a recent conference.
3 min read · 18 January 2013
Netherlands-based Algemene Pensioen Groep has purchased a ‘substantial’ stake in a joint venture real estate opportunity fund invested in China residential developments.
2 min read · 18 January 2013
Corridor Energy will focus on US energy infrastructure that can be classified as real estate investment trusts.
2 min read · 18 January 2013
After more than 17 years with the bank’s real estate group, Mantz is leaving Morgan Stanley to pursue 'other opportunities'. The bank said it remained 'committed' to the real estate investing business.
3 min read · 18 January 2013
Christoph Schumacher has left after six years as the head of indirect investments of the insurance group’s asset management arm.
1 min read · 18 January 2013
Buying ING REIM would make CB Richard Ellis Investors the largest property management firm in the world, though not the largest opportunity fund manager.
4 min read · 18 January 2013
The industry trade organisation has released the first of five reporting templates expected to help simplify and standardise reporting in the private equity industry.
2 min read · 18 January 2013