Citi Alternatives related stories
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Five things to know about PERE’s first 100-strong manager rankingBeyond the top managers raising record equity, other takeaways include the greater investing power, the relevance of non-North American managers and the distance Blackstone is gaining on the chasing pack.
Apollo lands $8bn Citi Property InvestorsLeon Black’s Apollo Global Management has been chosen as the preferred bidder to take control of Citi Property Investors, the real estate investment arm of Citigroup.
- Apollo to make Orf head of Europe
New York private equity firm Apollo Global Management is to make Roger Orf head of its European real estate business and give the veteran dealmaker an expanded global role as it nears completion of its takeover of Citi Property Investors.
- Feature: HSBC hires Herbert
John Herbert continues love affair with global banks and their real estate activities
- Warburg Pincus gets real
The private equity titan and long-time real estate investors has raised $1.2bn for its first vehicle specifically dedicated to real estate.
- Harbert goes for round two
The US alternative asset investor has raised $305 million for its second private equity real estate vehicle focused on the European property markets.
- 3i India Infrastructure Fund closes above its target
The fund has closed at $1.2 billion, having attracted 16 LPs in Europe, North America, Asia and the Middle East. By Dave Keating
- Felicity Gates Co-head Citi Infrastructure Investments
Earlier this year, Felicity Gates was tapped to co-run Citi Infrastructure Investors, a new division of Citi Alternative Investments, alongside Juan Bejar. She previously helped RREEF, the infrastructure and property arm of Deutsche Bank, establish its North American operations. As the first infrastructure portfolio manager in Australia, Gates had a front-row seat as infrastructure investment took off there in the mid-1990s: Working for the New South Wales superannuation fund, Gates participated in a number of high-profile deals like the acquisition of Melbourne airport for A$1.3 billion ($1 billion; €773 million) and the acquisition of United Energy for A$1.5 billion. Prior to that, she worked in infrastructure investment and project finance at Macquarie Bank and Bankers Trust. Preparing for a trip to Australia, Gates took a few minutes to talk about the early days of infrastructure investment in Australia.
- A new world for Indian developers
The personality-driven construction sector in India has been undergoing a period of profound change. The net beneficiaries of this change may be foreign private equity real estate firms, who bring with them badly needed capital. But partnering with an Indian developer is not a straightforward affair. By Dave Keating
- Atrium hires former MS exec as development chief
The European real estate firm, formerly known as Meinl European Land that targets shopping centers in Central and Eastern Europe, re-evaluates its development pipeline following the €800m investment by Citi Property Investors and Gazit-Globe.