Private Equity
Growth capital investor General Atlantic has invested $200m for a minority stake in internet security firm Kaspersky Labs.
1 min read · 05 January 2013
ING Real Estate Investment Management has agreed the sale of its A$2.5 billion Australian Securities Exchange-listed industrial fund to a consortium of buyers led by Sydney-based Goodman Group. The sale is the latest in a string of real estate offloads by Dutch parent company ING.
2 min read · 05 January 2013
Jay Mantz, president and chief investment officer of Morgan Stanley Real Estate Investing, told the PERE Forum: Europe that he expected the US to offer the best out-performance opportunities while Europe offers little by way of growth.
2 min read · 05 January 2013
Land Securities, the UK’s largest real estate developer, and Canary Wharf Group, owner of assets in Canary Wharf, today announced a joint venture to build a 690,000 square foot office in the City of London. The Financial Times reported the building would be backed by sovereign wealth from China Investment Council and Qatar Holdings.
2 min read · 05 January 2013
Harvard University is reportedly in advanced talks to sell underlying investments in around six US-focused real estate funds to China sovereign wealth fund, China Investment Corporation.
2 min read · 05 January 2013
The Carlyle Group’s $3.9bn bid to privatise CommScope has met with near-unanimous approval from shareholders of the communications-infrastructure company.
1 min read · 05 January 2013
Regulations loom, economic growth will stay slow and huge amounts of un-invested capital will be chasing deals. In some emerging markets like China, a capital bubble may be forming, writes David de Weese.
2 min read · 05 January 2013
Carlyle has already recouped its investment in China Pacific through an $860m partial exit from the Chinese insurer and is on track for a 6x return.
2 min read · 05 January 2013
TPG has further demonstrated its real estate ambitions with the $505m purchase of US real estate assets from global logistics giant ProLogis. The Dallas-based private equity titan has been steadily increasing its exposure to the sector.
3 min read · 05 January 2013
The consortium has invested $400m in equity into Indonesian stock exchange-listed Delta Dunia Makmur. China Investment Corporation is reported to be joining as a third co-investor.
2 min read · 05 January 2013
