Paul Fruchbom
The St. Andrews Bay Golf Resort and Spa, located in the historic Scottish town, has attracted everyone from private equity real estate firms to the heir to the English throne.
The Nordic private equity firm has thus far raised €69m for CapMan RE II, a real estate vehicle focused ondevelopment in Finland.
Libyan leader Muammar Gaddafi may be turning a new leaf. After giving up his pursuit of WMDs, the one-time enemy of the West is sponsoring a new real estate development on the country’s northeastern coast.
Fueled by a surging economy, a growing middle class and a loosening of restrictions on foreign direct investment, India is attracting a stampede of property investors. By Paul Fruchbom.
The private equity real estate firm run by BET founder Robert L. Johnson has sold four hospitality properties in California less than two years after it acquired them.
The Los Angeles-based firm has raised its second vehicle targeting Latin America with a primary focus on residential projects in Mexico, Brazil and Chile.
AMP Capital’s latest private equity real estate fund, the largest ever in Australia at just over A$200 million, shows the growing sophistication of Australian LPs. By Paul Fruchbom
The second largest pension fund in the US has made an “unprecedented” move by significantly expanding its target allocations to alternative investments, including private equity and real estate.
The Colorado mountain resort has been the setting for a number of private equity deals, including deals led by KKR and Apollo. By Paul Fruchbom.
The Los Angeles-based fund, tied to basketball legend Magic Johnson, will partner with a developer to build a 266-unit project as part of an urban revitalization in the city’s Southeast quadrant.