The firm has made its first investment in India, sinking $70m into a Bangalore- and Hyderabad-based residential developer.
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number ten - the deep freeze in US and European debt markets led to a giant pause in real estate activity and deteriorated lending terms for those still acquiring property.
Not only has the Nordic alternative asset manager bought 39 hotels in Finland to establish an €835 million ($1.2 billion) hotel real estate fund, it has also inked an agreement to create four spa hotel resorts in the region.
The Carlyle Group has added four to its West Coast offices, hiring two managing directors from Sevin Rosen and Pequot Capital, and transferring two executives internally.
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number nine - London broke records in 2007 for the most expensive property ever sold. Were the sellers calling the top of the market?
An Ethos Private Equity and Goldman Sachs consortium has run into regulatory difficulties in its acquisition of casino group Gold Reefs after securing funding in problematic credit markets in September.
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number eight - private equity firms forayed into emerging markets via joint ventures or by taking equity stakes in development companies.
Red Fort Capital Advisors expects to deploy its new fund completely in the next year, with 80 percent invested in land acquisition.
PERE looks back at the year just passed for the trends that mattered most. Today we look at trend number seven - private equity was allocated to the hospitality sector in a big way in 2007.
Taking its ownership in the French football to 62.5 percent is a sign of its long term ambition for the club, says the Los Angeles-based firm.
pere
pere

Copyright PEI Media

Not for publication, email or dissemination