Rules governing foreign investment in US property are outdated, argue opponents. Capitol Hill may finally be listening.
3 min read · 08 February 2013
A US real estate fund managed by RREEF might receive an approach from San Francisco-based Stockbridge Capital Partners to take over the management of the vehicle. Meanwhile, two other RREEF-managed closed ended real estate funds are coming under pressure from stockholders.
4 min read · 08 February 2013
The payment will reimburse the Spanish toll road developer for post-award bid costs related to the procurement of the $5bn State Highway 121 project in North Central Texas. The US Department of Transportation has previously argued that Texas' procurement process for the project violated federal law.
3 min read · 08 February 2013
The state’s department of transportation will not reach commercial close on the project this month due to local concerns and challenging credit market conditions. The project is to be 100% financed by a concessionaire that includes Sydney toll road developer Transurban and US engineering firm Fluor.
2 min read · 08 February 2013
The Swiss-based alternatives firm which advises some of the largest investors in the world says only very few markets such as the UK have reached the ‘late downturn’ stage. The finding comes as Blackstone is tipped to buy a 50 percent stake in a London office complex for £150m.
2 min read · 08 February 2013
New regulations proposed by the White House could force a significant number of 'foreign advisers' to register with the SEC, depending on their assets and number of clients in the US.
3 min read · 08 February 2013
CD&R and One Equity Partners have become the latest private equity firms to dip their toes in the public markets.
2 min read · 08 February 2013
The Chinese Sovereign Wealth fund has reportedly shortlisted nine fund managers taking part in the US Public-Private Investment Plan.
2 min read · 08 February 2013
A group of private equity firms that have engaged in bank investing believe changes need to be made to the FDIC’s proposed rules for private equity ownership of failed banks.
3 min read · 08 February 2013
Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.
4 min read · 08 February 2013
