Managers

The Washington DC-based retail real estate firm has appointed Morgan Stanley and Credit Suisse veteran Arvind Bajaj to head up its investment arm as part of its plans to expand its portfolio.

The New York-based private equity real estate firm now is raising capital for the third offering of its opportunistic fund, less than a year after closing on more than $1 billion of commitments during its second capital raise in 2011.

Surrey-based private equity real estate firm outlines growth ambitions following the appointment of ex-BlackRock MD Jeff Morton.

Michael Profenius, formerly a managing director at Warburg Pincus, has joined the New York-based private equity real estate firm as one of two senior partners, following the reorganisation of the firm last fall to focus its investment activity on the US.

Warburg Pincus has received commitments from 340 investors for its latest buyout fund, which will target real estate and other strategies. The firm also will offer a fee break to LPs committing $200 million or more.

The global investment management firm said it was ‘engaging with investors’ on the launch of the Henderson High Income Real Estate Debt Fund and Senior Secured Real Estate Debt Fund.

The $110 billion pension fund has contributed $150 million each to Apollo’s US Real Estate Fund and Westbrook’s Fund IX.

The New York-based real estate, infrastructure and real resources investment platform of Franklin Templeton Investments has amassed a total of $319.2 million in commitments for its third global multi-manager fund, which was the first of its funds to target US institutions.

The Houston-based real estate firm has corralled a total of €390 million for its Hines Russia & Poland Fund, giving the vehicle total leveraged purchasing power of €900 million in the region.

A cocktail of firms, including Gaw Capital, a major US institution, the Italian Fingen Group of the Fratini family and Sino-US company Waitex, have clubbed together for a designer outlet joint venture, with Henderson Global Investors acting as investment advisor alongside the RE development arm of Fingen.