Private Equity
Xiao Wei joins Anoop Seth as co-head of AMP's Asian infrastructure team, which is currently raising a $750m 'Asian Giants' infrastructure fund that agreed its first deal last month.
2 min read · 05 January 2013
Joseph Azrack, the former president and CEO of Citi Property Investors, will join Leon Black’s new real estate arm, a separate entity from the veteran real estate firm named Apollo Real Estate. Apollo Global's operation will focus, initially, on distressed debt and recapitalizations.
3 min read · 05 January 2013
Randall Mullan will spearhead the $223bn pension fund’s infrastructure investment programme starting 14 October. His hiring is complemented by the promotion of Dan Bienvenue to senior portfolio manager in the fund’s global equity division.
2 min read · 05 January 2013
Gregory Case has joined middle market-focused LLR, noting that as Apax moved more firmly into mega-market territory, the smaller tech deals he specialised in 'just weren't large enough anymore'.
3 min read · 05 January 2013
Apollo Global Management, the Leon Black-led alternative investment giant, has been actively recruiting real estate professionals to lead a new real estate arm. The move could present a branding challenge to a separate firm called Apollo Real Estate Advisors, in which Black owns a minority stake.
2 min read · 05 January 2013
Private real estate investment firm Shorenstein Properties is targeting debt interests in prime markets in the US looking to capitalize on the “ongoing dislocation” in the credit markets. The firm's total debt holdings now total $685m.
2 min read · 05 January 2013
The chairman and co-founder of Equity International is considering selling the landmark headquarters of the Chicago Tribune for a reported $200m after buying the media company last year. The Los Angeles Times headquarters could also be sold by the real estate magnate.
2 min read · 05 January 2013
Beverly Berman, formerly a partner on Advent International’s IR team, has been hired as a director at Thomas H. Lee Partners.
1 min read · 05 January 2013
Thomas Gahan will take over the media and telecom-focused firm’s $1bn debt investment programme, which is exploring investment opportunities in the stagnant credit markets.
2 min read · 05 January 2013
PCG Asset Management has joined the growing number of gatekeepers opening Asian offices. It has hired Jean-Noël Odier from BNP Paribas to help establish its first office outside the US.
2 min read · 05 January 2013