Fundraising

The term private equity wasn't mentioned once in the UK's Turner Review, but the industry will nonetheless be affected by the report's conclusions.

Over the past five years, the top 30 private equity real estate firms in the world have raised more than $211 billion -10 percent more than when PERE last counted capital raising efforts by the industry. Read on to discover the firms garnering the most. PERE Magazine May 2009.

After talks with Colony Capital fell through, the 50/50 investors came to an agreement with their lenders to finance the completion of City Center in Las Vegas.

France and Germany became founding members and first countries to commit capital to the multinational infrastructure development fund, which is ultimately targeting $10bn of capital that could enable $40bn of projects in emerging markets. Privately-funded projects will be eligible for IFC financing.

France and Germany became founding members and first countries to commit capital to the multinational infrastructure development fund, which is ultimately targeting $10bn of capital that could enable $40bn of projects in emerging markets. Privately-funded projects will be eligible for IFC financing.

The Blackstone spin-out has already held a first close on its second fund to focus on direct venture capital secondaries. It recently acquired stakes in nine new companies including Facebook, Zappos and eHarmony.

Lower fees, smaller funds and lots of GP communication top LP wish lists, writes Amanda Janis.

The UK government's development-focused fund of funds is talking to two Southern African banks about the creation of debt funds to help private businesses in the region, says chief executive Richard Laing.

Shareholders will vote today on the Dubai-based bank's fate; last month, they unanimously opted to keep the company a going concern.

Hicks Sports Group, which owns professional sports teams the Dallas Stars and the Texas Rangers, is in default after missing a $10m interest payment on its more than $500m debt load.