Eva Poon

Texas PE firms buy Rockfish restaurants

A consortium of Dallas- and Houston-based private equity investors, including Charter Private Equity, White Oak Capital Partners and Capital Point Partners, has acquired the casual dining restaurant chain, known for its fish tacos and shrimp dishes.

Marathon appoints former JP Morgan exec as managing director

The global asset manager has appointed former JP Morgan Chase global treasurer Mark Kleinman as a senior managing director in a bid to expand the firm.

GIH launches $500m Gulf fund

Kuwait-based Global Investment House has launched its second Shariah-compliant real estate fund targeting property investments in the Middle East.

NRDC gets fashionable in retail deal

The New York-based private equity real estate firm led by Apollo partners Bill Mack and Lee Neibart has acquired Hudson’s Bay Company, Canada’s largest retailer. NRDC is now hoping to expand its previous retail acquisition, the prestigious Lord & Taylor chain, into Canada.

Morgan Stanley RE hires former Lehman pro

Naresh Naik, former head of asset management for Lehman Brothers in India, joins the private equity real estate unit of Morgan Stanley as an executive director and head of asset management in its Mumbai office.

Texas Teachers commits to Blackstone

The US pension committed €200m to Blackstone’s latest Europe-focused property fund, Blackstone Real Estate Partners Europe III.

Quebec pension to approach alternatives with ‘greater parsimony’

The Caisse de dépôt et placement du Québec is adjusting its investment strategies in private equity and real estate in response to the global financial crisis.

RREEF, Newcastle to develop $350m California business park

The joint venture’s planned mixed-use development is located on former Boeing aircraft land.

Carlyle, RREEF secure $613m for NYC luxury apts

A partnership between The Carlyle Group, Deutsche Bank’s RREEF and Extell Development Company is in play to develop two luxury residential buildings in Manhattan after securing one of the largest construction loans in the US this year.

German banks in €50bn Hypo bailout

The German government and financial institutions have agreed to a second financial rescue package for German real estate lender Hypo Real Estate. It follows on the breakdown over the weekend of the initial €35 billion bailout scheme.