The private equity arm of Franklin Templeton Investments has brought in Diane Smith to lead a dramatic expansion of its Latin American mezzanine business.
The US pension fund has agreed to invest in Dutch and Belgium logistics assets via a new joint venture as it ramps up its growing international exposure.
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number four - sovereign wealth funds have become major forces in global real estate investing.
Shares in Blackstone and Fortress hit new lows today following analyst downgrades, while American Capital announced a $500m programme to repurchase shares trading below net asset value.
The 3-year old firm has closed the largest-ever private equity vehicle raised by a Utah-based buyout firm – though without participation of two founding managing directors, including former American football star Steve Young.
PGGM has agreed to invest a further $100 million to the US firm’s class A apartment communities fund on top of the original $100 million committed last year.
The Texas-based real estate investor is planning a luxury residential project in suburban Washington, DC.
The Silicon Valley venture firm has more than doubled its capital under management with closure of its fourth fund.
Foreign private equity firms have been given clear investment guidance in China – not all of it easily palatable, writes Private Equity International's Andy Thomson.
The Middle East, North Africa and South Asia specialist has sold its 2005 investment in fast-growing Maktoob.com to a hedge fund.