Japanese recruitment services provider Intelligence has acquired Hong Kong-based Staff Management Consultancy for an undisclosed amount.
1 min read · 15 January 2013
Capitalising on Indonesia’s growing domestic consumption, CLSA Capital Partners has pumped in $20m to help multi-finance company Sinar Mitra Sepadan build stronger infrastructure and IT competence.
2 min read · 15 January 2013
Despite the ‘sputtering economy’, the firm’s earnings in real estate rose in the second quarter, driven by increases in underlying investments and performance fees.
3 min read · 15 January 2013
More limited partners want to form ‘strategic relationships’ that are long-term and involve exposure to multiple strategies, co-founder Steve Schwarzman said during an earnings call this week.
3 min read · 15 January 2013
The Blackstone Group affiliate GSO has collected $1.5bn for its second mezzanine fund, which is targeting between $3bn and $3.75bn.
2 min read · 15 January 2013
Having used several Private Finance Initiative (PFI) schemes as test cases, the UK’s Treasury now believes it can achieve £1.5bn of savings from the 495 PFI projects operational in England. The government has been fiercely critical of the costs of such schemes.
2 min read · 15 January 2013
The winning consortium has achieved financial close for the Gunfleet Sands offshore transmission project in the UK. All of the equity for the project is being provided by INPP, the London-listed infrastructure investor, while Barclays, BNP Paribas and Lloyds are providing senior debt.
2 min read · 15 January 2013
The largest US pension fund revealed yesterday that its opportunistic investments were largely at fault for its real estate portfolio underperforming its blended benchmark by 10 percent. CalPERS nonetheless produced its first positive annual return since 2007.
2 min read · 15 January 2013
The tie-up between the real estate investment arm of insurance giant Prudential Financial and Paris-based developer Groupe Hoche forms part of its strategy of partnering local operators in markets it believes offer value creation.
2 min read · 15 January 2013
Claudio Phillips has joined MB Global Partners as a managing principal in New York.
1 min read · 15 January 2013
