The DLJ spinout has made plans to add to its long list of media-related investments with an agreement to purchase Minneapolis, Minnesota’s Star Tribune.
The Private Equity Council will be based in Washington DC and led by Douglas Lowenstein, currently the head of the video game industry association.
Warburg Pincus has reportedly bought a 25 percent stake in Shanghai ZK Real Estate Development as it increases exposure to the emerging market.
The Washington, DC-based firm has made the investment in the full-service US restaurant chain Huddle House.
Entrepreneurs do not necessarily make the best communicators. Richard Branson, for example, the famous anti-establishment British billionaire behind the Virgin brand, struggles with the occasional stutter. He also keeps the success or failure of his numerous businesses hidden from view, often registering his accounts offshore.Â
After months of negotiation, the board of the gaming company has agreed to a sweetened offer from the two private equity firms.
In the biggest acquisition in the firm’s history, Pennsylvania’s BPG has acquired a $314m apartment portfolio from National Properties.
In the same week, the New York private equity firm has acquired $74m in Boston properties and closed a net-lease fund on $160m.
Blackstone is seeking a knockout blow in the battle for Equity Office by increasing its offer to $38.3 billion and ramping up its break fee.
The private equity real estate firm affiliated with the Australian bank is buying a Parisian office project as the latest research suggests France will be a hotspot for investors in 2007.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: