Senior managing directors Michael Dorrell (pictured) and Trent Vichie will form an independent shop that will continue fundraising and retain about $400m in existing commitments.
2 min read · 15 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the SEC, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 15 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 15 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 15 January 2013
Daniel Mudd will challenge a ‘Wells notice’ served by the Securities and Exchange Commission, as the federal agency investigates the conduct of Fannie Mae and Freddie Mac in the run-up to the financial crisis.
2 min read · 15 January 2013
The 28-property Highland Hospitality portfolio was purchased for $1.28bn by US REIT Ashford Hospitality Trust and Prudential Real Estate Investors. Around $200m of equity from JER was wiped out in the deal.
2 min read · 15 January 2013
GPs springing fund extensions on their investors should beware a cool reception, writes Andy Thomson.
3 min read · 15 January 2013
Energy-focused buyout firm First Reserve has taken a minority stake in Ansaldo Energia, a power plant division of aerospace and defense conglomerate Finmeccanica. Banca Imi, BNP Paribas and Unicredit will act as lead underwriters for up to €650m of debt for the deal.
2 min read · 15 January 2013
At a panel session at this year’s MIPIM conference in Cannes, delegates heard from Barclays Corporate how rebounding market valuations in the UK have led to less distressed real estate situations.
2 min read · 15 January 2013
Energy-focused buyout firm First Reserve has taken a minority stake in Ansaldo Energia, a power plant division of aerospace and defense conglomerate Finmeccanica.
2 min read · 15 January 2013