The pair call the Czech Republic ‘one of the most resilient economies’ in Europe as they reveal the purchase of two shopping centres from Multi Corporation.
2 min read · 15 January 2013
Avedon Capital Partners has completed its spin-out from Dutch bank NIBC, a transaction led by Goldman Sachs Asset Management. Goldman is taking a stake in the group's prior fund and is also one of three major backers for Avedon's current fund, which is targeting €200m.
2 min read · 15 January 2013
‘The strong credit quality of the asset class and resilient contractual structures’ has helped European public-private partnerships withstand the financial crisis well. But deteriorating public finances, ongoing austerity and a constrained bank market pose risks for the industry.
2 min read · 15 January 2013
The real estate investment arm of Morgan Stanley and The Witkoff Group have purchased 1107 Broadway from Lehman and plan to infuse $100 million into the property to convert it to luxury condos.
2 min read · 15 January 2013
The new fund will seek up to $500m in commitments and will provide debt financing in special situation transactions.
1 min read · 15 January 2013
The proceeds from the new fundraising will be used to buy nine operational PPP projects from John Laing, increase a stake in an existing project, and reduce the fund’s debt. The fund is also in negotiations to acquire a ‘small portfolio of third-party social infrastructure assets’.
2 min read · 15 January 2013
Providence Equity Partners has hired Tao Sun to head its China investments.
2 min read · 15 January 2013
Providence Equity Partners has hired Tao Sun to head its China investments.
2 min read · 15 January 2013
As distressed investment managers around the globe prepare for opportunities in the sinking markets, PAG has closed its first-ever distressed fund for Asian assets from distressed sellers.
2 min read · 15 January 2013
As distressed investment managers around the globe prepare for opportunities in the sinking markets, PAG has closed its first-ever distressed fund for Asian assets from distressed sellers.
2 min read · 15 January 2013
