The emerging markets specialist has executed another African PIPE deal, this time taking part of Tunisia’s largest listed company.
The Australian infrastructure pioneer has unveiled a major management overhaul as its share price continues to decline. Firm founder Jim Babcock and long-time chief executive Phil Green will be replaced by in-house executives.
Olympus has made its fourth Chinese investment with a growth capital infusion in Zhongwang International, the world's third largest aluminium profile company.
The international property investor is seeking to raise $350m for a US opportunity fund and more than $200m for a vehicle targeting both the US and Europe.
Silver Capital and McCann Realty Partners have closed their second residential real estate fund, Silver-McCann Apartment Group II, with the vehicle’s final investment in Houston, Texas. The pair formed Silver-McCann Group three years ago to acquire apartment assets in the US.
The New York firm has asked Trent Vichie of Macquarie Securities to lead Blackstone’s newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatization.
Reflecting the continued interest in taking real estate funds public, AXA Asia Pacific has announced it is planning to list its Australian property fund later this year.
Investors from outside Europe, including private equity real estate firms, could be affected by an amendment to Germany's Foreign Trade Act approved today. The ruling is aimed at sovereign wealth funds but lawyers say it complicates private equity-style investing.
The private equity firms have purchased publicly listed Industrial Rubber Products, a manufacturer of protective coatings for pipelines, for $16.50 per share.
Madrid-based infrastructure and real estate developer Accion is selling a 75 percent stake in its funeral services company, valuing the business at €330m.