As REITs in the US and Japan look increasingly stressed, the chief executive of LaSalle’s Asia Pacific securities division argues there are growing opportunities in Australia’s listed property sector as the industry feels the impact of the credit crunch.
2 min read · 12 January 2013
BDO Stoy Hayward has seized as collateral almost £1bn of privately-owned property belonging to the troubled London-based investment firm Dawnay, Day.
2 min read · 12 January 2013
In a move to expand its offerings, the mega-buyout firm has hired TCW Group president William Sonneborn to develop traditional asset management lines such as public equity funds.
1 min read · 12 January 2013
The smaller mid-market shop has again closed a fund that was more than two times oversubscribed, more than doubling the size of its previous fund as well as capital under management.
2 min read · 12 January 2013
The French buyout firm has bought a controlling stake in Altares with a plan to support the business’ growth through acquisitions.
2 min read · 12 January 2013
The London-based investment bank with significant property holdings has appointed Ernst & Young to restructure some of its investments.
2 min read · 12 January 2013
Steve & Barry’s, the discount clothes retailer with 276 stores in the US, cites a ‘liquidity shortfall’ after filing for Chapter 11 protection. Boston-based private equity firm TA Associates held a minority stake in the company, which recently signed-up Sex and the City star Sarah Jessica Parker.
2 min read · 12 January 2013
DLJ founder Richard Jenrette is the latest veteran of the investment bank to join the publicly-listed alternative asset manager, re-teaming with former colleague and current Blackstone president Tony James.
1 min read · 12 January 2013
There has been a sharp fall in optimism among small and medium-sized business according to the latest Bowmark Entrepreneurs’ Index, underlining the uncertainty of the next six months.
2 min read · 12 January 2013
Steve & Barry’s, the discount clothes retailer with 276 stores across the US, cites a ‘liquidity shortfall’ after it filed for Chapter 11 bankruptcy protection. Boston-based private equity firm TA Associates held a minority stake in the firm.
2 min read · 12 January 2013
