Managers

The Los Angeles-based fund manager expects to hold a final close on its fund, which will invest in sale-leaseback opportunities, by the first half of 2012.

The UK private equity real estate firm Brockton Capital has struck its first deal for a new joint venture with specialist retail property investment firm Pradera to acquire retail parks in the UK.

Paladin will continue to make Latin America a major focus in 2012, but it also is planning to ramp up investments in the US multifamily market in the coming year.

In the same month as the real estate unit of Mumbai-based Kotak Investment Advisors closed on a high yielding debt fund for domestic investors, PERE has learned it is already planning to raise in the region of $350m for its next India-focused offshore vehicle.

The Russia-focused manager said it had completed a deal to buy a 70 percent stake in a retail park in Tver to the northwest of Moscow for its Russia Development fund.

The firm's co-founder Randal Nardone will assume the role of interim CEO now that SEC-charged Daniel Mudd (pictured) has taken a leave of absence.

The New York-based real estate manager's latest vehicle, which has a niche focus on middle-market debt investments, currently is about 50 percent invested.

Blackstone’s credit business GSO Capital Partners has injected The Miller Group with £160m of capital, resulting in a roughly 50 percent ownership stake in the largest privately-owned homebuilder in the UK.

China Investment Corporation has joined Singapore-listed logistics specialist Global Logistic Properties in its acquisition of most of the assets of LaSalle Investment Management’s first Japanese logistics fund.

The private equity firm has sponsored the formation of a $60m equity fund to support the global hotel manager’s goal to expand its US and European portfolio.