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
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
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
As the stock prices of many financial services companies collapse, Warburg Pincus, TPG and Corsair Capital are suffering publicly due to possibly ill-timed investments in MBIA, Washington Mutual and National City, respectively.
3 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
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
The Luxembourg-based steel producer has launched two funds targeting cleantech and carbon credit-producing investment opportunities. The cleantech fund has made its first investment in solar company Miasolé, injecting $20m into the company.
2 min read · 12 January 2013
Abu Dhabi Investment Company has reportedly bought a 90 percent stake in Manhattan’s iconic Art Deco building from an arm of Prudential Real Estate Investors. The building is believed to have sold for close to $900m.
2 min read · 12 January 2013
Olivier Piani, GE Real Estate’s chief executive in Europe, is leaving his post to head up Allianz’s new business. Piani, who is credited with building GE's real estate investments in Europe after a decade with the firm, will take up his new post with Allianz in October.
1 min read · 12 January 2013
