From January 2009, Apollo Real Estate Advisors will be known as Area Property Partners. Senior partner Lee Neibart explains the change and where Area's focus will be in the future. PERE Magazine December 2008/January 2009 issue
While most people cling to their jobs during an economic downturn, some private equity real estate players opt to do the opposite by spinning out from their existing firms. It has a lot to do with carry. PERE Magazine December 2008/January 2009 issue
From one to 100 LPs in five years * GBS holds second close on fourth fund * Accel India venture fund closes on $60m * Birla makes PE entry * UBS sees growth in the Middle East * Asia Alternatives: no need to change strategy * Starfish Ventures falls short * Softbank China sets up RMB fund * Endeavour seeks $300m for venture fund * Chinese bank to launch healthcare fund * Macquarie to launch A$1bn infrastructure FoF * Darby's India retail fund raises $147m
Healthcare play * Intel invests in three Chinese companies * Blackstone partners with Korean pension fund * Saudi firm sells contracting company * Malaysian oil and gas gets $70m boost
Permira has offered its LPs a way out of their commitments - but at a steep price
AFRICA IN BRIEF 2009-01-01 Staff Writer Tunga Management Company, a newly launched infrastructure, mining and private equity fund formed by Namibian affiliates of South African asset manager OldMutual Group, will sell a 26 percent stake in itself to a <bold>black empowerment enterprise</bold> (BE
ASIA IN BRIEF 2009-01-01 Staff Writer Global private equity firm <bold>The Blackstone Group</bold> has signed a memorandum of understanding with the W229 trillion ($183 billion) National Pension Service, to invest up to $2 billion alongside it in undervalued stocks, bonds and real estate in the K
Where private equity firms have exits, venture philanthropy funds have ‘graduations’. Impetus Trust recently had its first
Investors prepared to place bold bets in the hope of outsized returns might find what they're looking for in the world's so-called frontier markets. Yvette Choo finds out why Cambodia and Mongolia merit serious consideration.
As some LPs actively seek to liquidate their real estate assets in the secondaries market, other more well capitalised limited partners are eyeing the sector as a potential investment opportunity. However with so much uncertainty in the market, the task of underwriting those positions is now much more daunting. PERE Magazine December 2008/January 2009 issue.