Paul Fruchbom

The private equity real estate firm run by BET founder Robert L. Johnson has sold four hospitality properties in California less than two years after it acquired them.

The Los Angeles-based firm has raised its second vehicle targeting Latin America with a primary focus on residential projects in Mexico, Brazil and Chile.

The US Ryder Cup team may not have fared well in Ireland, but Tiger Woods is a fan of the golf course at Seagaia, one of Japan’s largest and most ill-conceived property developments.

The Nordic private equity firm has thus far raised €69m for CapMan RE II, a real estate vehicle focused on development in Finland.

Beginning with a £95m investment in a London dormitory, the private equity real estate firm is set to expand its student accommodation brand across Europe.

The second largest pension fund in the US has made an “unprecedented” move by significantly expanding its target allocations to alternative investments, including private equity and real estate.

The private equity real estate arm of the global investment bank has formed a joint venture with the real estate subsidiary of Duke Energy with plans to expand the business across the US.

The New York-based private equity firm has added Adam Aron, a ten-year veteran of former Apollo portfolio company Vail Resorts, to its roster as a senior operating partner.

The Los Angeles-based fund, tied to basketball legend Magic Johnson, will partner with a developer to build a 266-unit project as part of an urban revitalization in the city’s Southeast quadrant.

As the $65 billion Ohio Public Employees Retirement System beefs up its private equity programme, it has promoted Jennifer Hom to director of investments.