The New York-based alternative investment firm revealed it has closed on a deal to buy 1,200 home loans from Lehman Brothers’ Asia subsidiaries for its first ever Asia-focused fund.
2 min read · 08 February 2013
PIK Group, the Moscow-based public property company, has abandoned plans to raise a fund from third party investors in the wake of the credit crunch. The decision was taken earlier this year, according to a spokeswoman.
2 min read · 08 February 2013
The London-listed private equity firm has said reduced competition for deals and the prevalence of distressed sellers are reasons to bolster its dry powder.
2 min read · 08 February 2013
The FIG-focused firm is deploying a recently closed €575m fund, having in May become the first private equity firm to buy a UK bank.
2 min read · 08 February 2013
Fundraising is down $8.1bn from $36.3bn raised in 2007. This downward trend could change in 2009 as 85 infrastructure funds are fundraising this year, according to a study by the accounting firm.
2 min read · 08 February 2013
Real estate funds raised $29.7 billion in 2008, almost twice the capital raised in 2007.
3 min read · 08 February 2013
Mega-firms with dry powder are breaking the LBO mould to get deals done, writes Toby Mitchenall.
4 min read · 08 February 2013
Following a period of frenzied fundraising for pan-regional Asian funds, the focus is now shifting to standalone pockets of opportunity, writes Siddharth Poddar.
2 min read · 08 February 2013
The Cincinnati-based real estate investment firm secured commitments from nine investors for its fourth vehicle, PERE has learnt. The firm has also bought its first asset, a 170,000-sq. ft Target-anchored centre in Phoenix.
1 min read · 08 February 2013
The New York firm has raised an opportunity fund to acquire mortgage securities, structured products and other opportunities from the US mortgage market.
1 min read · 08 February 2013
