News & Analysis

The firm’s banking syndicate will provide temporary liquidity in an attempt to secure the future of the grossly indebted firm.
A management group from Lehman Brothers beat out a $2.15bn bid from Bain Capital and Hellman & Friedman for the bank's investment management division, which includes infrastructure and some private equity businesses.
Governments will increasingly rely on defining performance standards for PPP contracts using the social outcomes they produce, such as safety, instead of ‘micromanaging’ how those outcomes are arrived at, according to Michael Gerrard, deputy chief executive officer of Partnerships UK.
The former private equity chief at Starr, Collin Lau, has reportedly joined China’s sovereign wealth fund to head its real estate investment funds. He is expected to join the fund by the end of the year or early 2009.
Senior partner Lee Neibart explains the firm’s decision to change its name to AREA Property Partners in an interview with PERE magazine and where its focus will be in the future.
Former REIT veterans Robert Solmson and Ed Ansbro have teamed up Georgica Advisors founder Richard Reiss to launch private equity real estate firm, Fairwood Capital. The first fund will target hospitality in US metropolitan areas.
Harvard’s endowment has lost 22% of its $40bn portfolio value since June. It is bracing for up to a 30% drop in value for the year, once its receives fully updated private equity and real estate valuations.
The subsidiary of property investment firm, aAIM Group, has gone into administration. aAIM Limited has been renamed JCCO.
The private equity real estate firm is to develop a large shopping centre in a region south of Bratislava. The investment is being in part through Quinlan's €400m European Strategic Real Estate Fund. The centre will cover up to 90 hectares.
The global buyout firm had objected to the $2.15bn bid submitted by Bain Capital and Hellman & Friedman and said the bankruptcy auction process was driving away alternative bidders.
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