Private Equity
TPG's David Bonderman and Carlyle's Daniel Akerson are among the recent nominations to GM's board. Also appointed was Stephen Girsky, former Centerbridge Industrial Partners president.
3 min read · 05 January 2013
President and chief executive of Allianz Real Estate Olivier Piani says it is the ‘best time’ to be growing a global organisation. The insurance company expects to grow its allocation to RE to 6% 'and maybe more', with up to a third focused on the US and Asia respectively.
2 min read · 05 January 2013
Mark Neporent is alleged to have violated fidcuiary dutites at Kokusai Kogyo, a Cerberus-controlled JV. Cerberus has called the suit a means to pressure it to sell its stake.
2 min read · 05 January 2013
Hellman & Friedman will lose Jeffrey Goldstein, a managing director in the firm’s New York office and former World Bank chief, as it continues to close in on $10bn for Fund VII.
2 min read · 05 January 2013
Kevin Carney, a former executive director in JPMorgan’s Infrastructure Advisory team in New York, is among the growing number of infrastructure investment bankers leaving the bulge bracket to pursue advisory activity on a more retail level. He started his own firm, Infrastructure Capital Advisors, in February.
3 min read · 05 January 2013
Paul Fishers says the industrial real estate developer is solely focused on Virginia and has no plans to make other port investments on the US’ East Coast. Their bid, estimated to bring at least $9bn in economic benefits to Virginia, touched off a 120 day period during which the port will entertain competing proposals.
2 min read · 05 January 2013
Barclay's investment banking division continues to ramp up activities with the hire of Matt Grinnell, previously Nomura's co-head of European financial sponsors coverage.
1 min read · 05 January 2013
The Connecticut-based placement agent has promoted David Love and Franklyn Chang to lead its efforts in Asia Pacific and Europe, respectively.
2 min read · 05 January 2013
Former Hilton Hotels executive, Jonathan Benowitz has joined RockBridge as managing director in charge of the firm’s investment group. Benowitz played a key role in Hilton’s sale to The Blackstone Group in 2007 and has also worked for the Marriott Corporation.
1 min read · 05 January 2013
David Hodes and Doug Weill have left the investment bank's real estate placement group to create their own firm, Hodes Weill & Associates. The pair co-founded the real estate placement agent in 2000 with Bill Thompson, who remains at Credit Suisse along with other senior management.
2 min read · 05 January 2013
