The private equity real estate firm founded by former Grubb and Ellis chairman Anthony Thompson has hired former IHP Capital Partners senior vice president and controller Johnna Howard as the firm’s new CFO.
The private equity investor is set to join the slew of firms looking to profit from a growing global need for finance to meet infrastructure costs. Some estimates suggest as much as $360 billion will come from private sources.
Alcazar Capital has invested in Bumi Geo Engineering and plans to launch its maiden third-party fund to invest in infrastructure services and logistics in India
The fund of funds is being launched to create an enviroment conducive for institutional investor participation in private equity and to provide investors with access.
The Paris-based private equity arm of French insurer AXA has divested itself of a 2005 investment from its third fund following the recent close of Fund IV on €1.6 billion; AXA Private Equity has also opened an office in Zurich.
The distressed debt and real estate specialist hopes to capitalise on an improving regulatory environment for buyouts of distressed assets in China.
INREV is overhauling its definitions of core, value-added and opportunity funds after finding that measuring internal rates of return as well as leverage is not the best way to classify them.
The Nordic Bank has listed an infrastructure fund on the LSE to invest in India’s energy and transport sectors, and is close to completing its maiden investment in a hydroelectricity generator.
A partnership between The Carlyle Group, Deutsche Bank’s RREEF and Extell Development Company is in play to develop two luxury residential buildings in Manhattan after securing one of the largest construction loans in the US this year.
The US arm of ING Real Estate’s investment business is to change its name from ING Clarion within the next six to 12 months, according to the outgoing chairman and chief executive of ING Real Estate Investment Management, David Blight.