Private Equity
The Asia- and North America-focused private equity firm has acquired 48 million shares in Robinson Department Store for an estimated price of THB396 million.
1 min read · 05 January 2013
The Swiss fund of funds investor has raised nearly half of the combined $1.3bn it is seeking for its fourth European vehicle, its second Asia fund and sixth technology fund.
1 min read · 05 January 2013
Leo van den Thillart, a former global co-head of private funds group at Bear Stearns, has joined Canadian firm Brookfield Asset Management to help with international equity raising and client services.
1 min read · 05 January 2013
Temasek Holdings has divested its stake in Bank of America, as it seeks to reduce its exposure to OECD economies.
2 min read · 05 January 2013
The Los Angeles-based private equity real estate firm is considering a possible investment in the City Center project, according to sources. Colony is trying to help ‘both sides’ resolve the project’s problems.
2 min read · 05 January 2013
Nova Medical Centres has already opened its first facility in Bangalore and has started building a second.
1 min read · 05 January 2013
The publicly listed alternative investment firm will sell Class A shares to repay a portion of its outstanding debt as well as generate working capital that may be used to fund GP contributions to Fortress funds.
2 min read · 05 January 2013
The US attorney in New Mexico is demanding documents from New Mexico’s $11.8bn State Investment Council relating to investment activity and specifically in connection to Aldus Equity, the embattled financial advisor caught up in pension pay-to-play scandal rocking the private equity world.
2 min read · 05 January 2013
While office occupancy costs dropped in most of the world, The Middle East and Africa as well as Central and Eastern Europe saw cost per workspace per annum increase by 28% and 11% respectively in 2008.
2 min read · 05 January 2013
Following the close of its debut special situations fund on under $200m last October, the Abraaj spin-out is expanding its business lines.
2 min read · 05 January 2013