David Snow

The New York firm has asked Trent Vichie of Macquarie Securities to lead Blackstone’s newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatization.

The New York firm has asked Macquarie Securities' Trent Vichie to lead its newly unveiled developed-infrastructure business. Vichie, an Australian national, was instrumental in the Chicago Skyway transaction, a landmark US toll road privatisation.

The California bank, which was taken over by the government earlier this month, approached several private equity firms in search of rescue capital but found no takers.

The Hong Kong-based firm is midway through a fundraise for a strategy based on the growing wealth of the Pacific Rim.

Private equity limited partners overwhelmingly also have real estate allocations, according to a report produced by PEI Media and trade association ILPA.

Filings indicate that Apollo Real Estate will remain an independent entity as Apollo Global Management prepares to list shares.

The investment bank is quietly drawing together professionals from within the firm to raise alternative investment funds for external clients.

With $10 billion in fresh powder for global real estate investment, Blackstone is adding to its Asian firepower with a Hong Kong office, president Hamilton James has told PERE.

Ladder Capital will be chaired by WaMu's shortest-tenured CEO. PERE Magazine December 2008/January 2009 issue

The urban investment specialist is already speaking with investors about a larger follow-on fund.