The group continued to grow in the last year, although the group’s discount to NAV remained at 18.2 percent. Philip Yea hopes 3i's diversification sees it in a position of strength in troubled markets.
Founder Stephen Schwarzman today told shareholders the market is seeing “one of the worst financial crises since the Great Depression”, but he says the “very best” investments awaited the firm.
The majority of limited partners expect 23 percent returns from 2008 emerging markets investments, according to the Emerging Markets Private Equity Association’s 2008 LP Survey.
CB Richard Ellis Strategic Partners US 5 gives the Los Angeles-based global investment firm $6.4bn in buying power as it targets value-add and opportunistic real estate investments in the US with a focus on distressed assets.
The McLean, Virginia-based private equity real estate firm hires two more executives as president Michael Pralle boosts JER’s global presence.
ING Real Estate has made Leong Chi Meng managing director for Singapore and South East Asia.
The majority of limited partners expect 23 percent returns from 2008 emerging markets investments, according to the Emerging Markets Private Equity Association’s 2008 LP Survey.
The VantagePoint-backed solar energy company has raised fresh capital from a bevy of new investors, just two months after landing the largest-ever US government solar contracts.
Continuing to expand its European research team, the global real estate investment firm has added former IPD chief economist Sabina Kalyan as its new European strategy chief.
The oversubscribed fund will deploy ‘substantial capital in China, India and Israel’ while maintaining the firm’s US focus.