Morgan Stanley’s Asia private equity group has raised $1.5 billion for the firm’s third Asia-focused fund, underlining the US bank's renewed commitment to the asset class.
The Belgian venture firm is blazing a trail in Europe with a dedicated clean technology fund as investment in the market surges globally to more than $1 billion in the first six months of the year.
The San Francisco-based private equity real estate firm has closed its third property vehicle, almost twice the size of its previous fund, targeting the US multifamily sector.
Connecticut-based Starwood Capital Group and DC-based Perseus Realty have teamed up to build the first LEED-certified luxury hotel in Washington, DC.
The US investment bank is continuing to strengthen its private equity team, now called Morgan Stanley Private Equity, as it raises a $6 billion debut fund just three years after spinning out its in-house PE group.
The Stockholm-based fund manager has become the latest to announce a Russia-focused vehicle aiming to exploit refurbishment and value added opportunities, as well as forward funding deals and joint ventures with developers.
The largest pension fund in the US now has approximately $3 billion of its real estate assets in Asia.
The cash infusion is the third private equity investment in the Mumbai-based developer Lodha Group.
China will reportedly launch its $200 billion, Temasek-style fund tomorrow.
The alternatives-focussed Yale University endowment returned 28 percent this year, up 5.1 percent percent from 2005. The endowment is now valued at $22.5 billion, up 25 percent from 2005.