Intermediate Capital Group, the UK debt investor and fund manager, has recruited for its CDO and institutional mandate team. It is looking to widen its trading expertise with a recruit to its leveraged loans team.
Cerberus is joining KKR, Goldman Sachs and JC Flowers to become the latest buyout firm to walk away from a megadeal agreed before the liquidity crisis.
New York Life Capital Partners has doubled its capital and LPs for its second mezzanine fund, as demand for mezzanine debt soars amid a credit liquidity freeze.
Partners Group’s Frankfurt-quoted fund of funds ended its first day of trading on the London Stock Exchange with a fall in the share price. Partners hopes to narrow the discount to net asset value at which the shares trade.
Sovereign wealth funds are becoming major forces in the global investment market thanks to surging oil revenues and swollen currency reserves. These national funds are set to have a big impact on private equity real estate. By Dave Keating
Heitman started four decades ago as a mortgage origination shop. Today, the firm has $20 billion in assets around the world. PERE recently spoke with firm head Maury Tognarelli about Heitman's history, its pioneering move into Central Europe and where the company is headed next. By Aaron Lovell
The private equity real estate division of J.E. Robert Companies intends to build a scalable platform of low-price hotels in Britain.
The 2007 Ernst & Young Real Estate Private Equity Market Outlook painted a rosy picture of private equity real estate fundraising, but GPs who attended a breakfast meeting unveiling the results of the survey had mixed reviews on the investment climate.
Asian private equity is going through another record year of fund formation. Sharon Lim explains why, and asks for how much longer the boom can continue.
Banks and investment groups may have found a cure for debt indigestion in the form of the hung bridge fund. By Andy Thomson.
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