Apollo's real estate arm, led by Joe Azrack, charts a new course in the wake of the global financial crisis and its acquisition of Citi Property Investors.
10 min read · 15 January 2013
A preference in Asia for domestic talent over expatriates is one of several key takeaways from PERE’s examination of recruitment and compensation in the private equity real estate sector. PERE Magazine November 2011 issue.
8 min read · 15 January 2013
Castilla-La Mancha is nine months behind its agreed shadow toll payments for a road concession awarded to an ACS subsidiary. Moody’s says there is ‘growing evidence that Castilla-La Mancha is prioritising core expenditures ahead of its payment obligations’ to the concessionaire.
2 min read · 15 January 2013
Write-downs may not be linked to the divorce rate, but they are a fact of life in a difficult economic environment, writes Nadim Meer, partner at law firm Dundas & Wilson.
3 min read · 15 January 2013
The firm has agreed to acquire a portfolio of consumer credit debt from Bank of America’s MBNA unit — one of the largest issuers of credit cards. AnaCap is positioning to take advantage of banks’ divestment of non-core assets.
3 min read · 15 January 2013
The New Jersey Division of Investment has committed $300m to TPG Capital, a longstanding relationship for the pension, and $200m to three other managers.
2 min read · 15 January 2013
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
2 min read · 15 January 2013
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
2 min read · 15 January 2013
Blackstone-affiliate GSO Capital Partners has collected more than $2bn for its second mezzanine fund. GSO's fund will compete with other mega-firms that have raised capital to take advantage of the tight credit markets.
3 min read · 15 January 2013
The firm has already completed its first investment with its fifth European mezzanine fund, backing the buyout of business intelligence provider Bureau van Dijk.
2 min read · 15 January 2013