Mikhail Prokhorov is not only buying control of the New Jersey Nets basketball team , but he will also take a stake in a development project related to the Nets’ future home.
1 min read · 05 January 2013
PERE Magazine September 2009: So far this year, some opportunity funds for Russia have been launched, while others have been cancelled creating a confusing picture of investor appetite for the country. By Robin Marriott
4 min read · 05 January 2013
JC Flowers has carried out an earlier threat to litigate as Germany’s bailout fund attempts to squeeze out the remaining minority investor in Hypo Real Estate.
1 min read · 05 January 2013
PIK Group, the Moscow-based public property company, has abandoned plans to raise a fund from third party investors in the wake of the credit crunch. The decision was taken earlier this year, according to a spokeswoman.
2 min read · 05 January 2013
The New York-based private equity firm has made its second significant investment in the renewable energy sector with an agreement to invest in a wind farm off the coast of Germany.
2 min read · 05 January 2013
Barry Sternlicht shows full confidence ahead of first-day trading of REIT Starwood Property Trust as the firm raises its target fundraise from $500m to $800m.
1 min read · 05 January 2013
The seller of the interest has not been named, though Liquid Realty said the fund manager focuses on core office properties in the West End of London.
1 min read · 05 January 2013
Global investment manager Franklin Templeton appoints William Yun in a new role as head of alternative strategies in a bid to take advantage of growth in areas such as real estate and private equity.
1 min read · 05 January 2013
The global placement agent has joined the calls for the SEC to alter a proposed rule providing a blanket ban on soliciting US public pensions.
4 min read · 05 January 2013
Paris-based insurer Axa says its real estate investment management business has struck an agreement with Chinese insurer, Ping An, to co-invest in residential projects in the country. A China real estate fund is also on the way.
2 min read · 05 January 2013