The Carlyle Group related stories
All articles and analysis
Carlyle expands student residential footprintContinuing its foray into Europe’s student accommodation sector, The Carlyle Group has bought the former headquarters of The Rotterdam Social Insurance Bank with a view to converting it into a 250 room ‘student hotel’.
- Final White Tower asset sells for £288m
One of the largest loan workouts in Europe has come to an end with the final asset sale of a portfolio which defaulted in June 2009, according to an announcement by the loan’s special servicer, CB Richard Ellis. The sale brings the total amount recovered from the £1.45 billion loan to £1.1 billion.
- SEC considers extending registration deadline
The deadline for most private equity firms to register with the US Securities and Exchange Commission has been set for 21 July this year, but may be extended to the first quarter of 2012, according to a letter from the government agency.
- GIC buys into TPG
Following the investment in Apax Partners in 2009, the Singaporean sovereign wealth fund has reportedly teamed up with Kuwait Investment Authority to buy a 4.5% stake in TPG Capital.
- The Carlyle Group hires global real estate IR pro
Alok Gaur, formerly of Credit Suisse Real Estate Private Funds Group and more recently Greenhill & Co, has joined Carlyle in its Washington D.C. headquarters, focussed on investor relations in global real estate.
- Apollo shows growth in $480m IPO filing
The Leon Black-led firm has $10bn of dry powder for private equity investments and has spent about half of its $14.7bn seventh fund, which closed in 2008.
- MIPIM 2011: ULI-AREA report questions performance of Euro funds
A new report based on ULI research suggests both European core and opportunity funds have not performed as well as promised.
- Starwood flies high with awards hat-trick
Starwood Capital Group was victorious three times in the 2010 Global PERE Awards, capping off an extraordinary year for the Greenwich, Connecticut-based firm. Other notable victories were achieved by Blackstone, Carlyle and Harvest Capital Partners.
- MSREI to exit $1bn China hotel business
Morgan Stanley Real Estate Investing is marketing its majority stake in Shanghai Motel Management, a Chinese motels business. A sale of the 266-motel business could fetch a reported $1 billion for the Wall Street bank and its other investors.
- Report: Beijing secures approval for QFLP scheme
The Chinese capital has reportedly joined Shanghai in securing the necessary backing from China’s central government to launch a currency conversion programme for offshore LPs. Further detail on Shanghai’s QFLP scheme has also emerged.