Private Equity
One of the largest private equity real estate platforms in the world will become independent of its bankrupt parent company, sister news site PERE has learned.
2 min read · 05 January 2013
The private equity real estate firm with more than $3bn in dry powder has told investors they can reduce their commitments by a tenth without penalty.
1 min read · 05 January 2013
Hundreds of billions of dollars are set to invest in distressed debt and real estate, according to funds lawyer Sandy Presant - but few investors will ‘jump’ now when opportunities could be better in six to 12 months.
2 min read · 05 January 2013
African GPs are looking beyond traditional structures to raise money in today’s market, writes Toby Mitchenall.
3 min read · 05 January 2013
Mohammed Al-Shroogi has resigned from the financial services giant to join the Bahrain-based investment manager.
2 min read · 05 January 2013
Sequoia Capital has opened a new office in Delhi, its third in India. The firm’s other Indian offices are located in Bangalore and Mumbai.
1 min read · 05 January 2013
The real estate buyout arm of Lehman Brothers, Lehman Brothers Private Equity Real Estate, has attracted more than 100 expressions of interest for its fund positions and the group operations. Lehman is running a formal bidding process to assess options for the divison. An announcement is expected in Q1.
2 min read · 05 January 2013
As chairman of its international advisory council, Kai-Uwe Ricke will help support the UAE-headquartered firm's management team as well as finetune its structure and corporate governance. The former chief executive of Deutsche Telekom will also be a member of the firm’s private equity advisory board.
2 min read · 05 January 2013
While the firm is focused on the Middle East and North Africa, ‘this is a fantastic time for global real estate’, said ADIC’s head of private equity, citing declining valuations, which ‘would continue for some time’.
1 min read · 05 January 2013
Gary Long has departed from the firm after 15 years as Investcorp looks to streamline management and cut costs.
1 min read · 05 January 2013
