For the past thirteen years, Apollo senior partner Lee Neibart has helped build a real estate portfolio that extends from the five boroughs of New York City to the far-flung capitals of Eastern Europe. In his office high above Columbus Circle, Neibart recently sat down with PERE to talk about the evolution of Apollo, the significance of the Time Warner Center and his passion for politics. By Paul Fruchbom
A recent distressed deal takes advantage of a little-used foreclosure method. By Aaron Lovell.
InterMedia Advisors, the private equity partnership established by long-time media executive Leo Hindery Jr., has held an interim close on its inaugural fund, a $1.5bn targeted vehicle.
Investcorp has agreed to take France-based parts distributor Autodistribution off the hands of Goldman Sachs, which gained control of the company after it went into receivership.
The Sydney-based private equity firm has made a second bid to take control of Wattyl.
As private equity firms increasingly invest in businesses with valuable real estate assets, the sale-leaseback is becoming an increasingly handy—and popular—financing tool. By Aaron Lovell
For the past 40 years, Sam Zell has been one of the biggest and most successful players in the US real estate market. Always opinionated, never boring, Zell recently sat down with PERE to discuss his views on the global real estate market, his unconventional holiday gifts and why he likes Libya and Brazil. By Paul Fruchbom
Investors in private equity funds should be happy about financial engineering but for two facts: everybody's doing it, and it's headed for a dry spell. David Snow reports.
The men behind Phillips-Van Heusen and Staples are raising a fund.
Yet another reason to be envious of Tom Perkins of Kleiner Perkins Caufield & Byers – he's published a pot-boiler.