Mark Dawejko and Paul Dougherty have formed Perseus Realty Partnersand a new fund focused on Washington DC.
Sam Zell's global opportunity fund is raising its second pool of capital and hoping to follow in some big footsteps.
A recent survey of investors predicts that global allocations to alternative assets is set to surge by 2007.
Things change 2005-10-01 Staff Writer Creative destruction works well for people with a fund. The forces that allow a business to thrive off change are capital and talent and, at least in theory, a fund should be the purest repository of these resources.<br /> <br /> This, the October issue of
Private investment firm Oaktree Capital Management has acquired an ownership stake in two Las Vegas casinos.
The midmarket firm has sold budget French hotel chain B&B Hotel to listed private equity firm Eurazeo.
International private equity firm The Carlyle Group is adding personnel to its US venture capital and growth capital teams.
LBO France has entered into exclusive talks to acquire the French clay tile manufacturer from the private equity consortium.
Scandals & celebrities 2005-09-01 Staff Writer There are few buildings connected to a single event in the way The Watergate is connected to the scandal that eventually brought about the resignation of President Richard Nixon. Still, the Watergate complex, which includes a hotel, shopping center, apartmen
Quotable 2005-09-01 Staff Writer <bold>“I really didn't think it could be possible, or as easy as it was. I repair houses all day anyway, and figured I might as well start making some real money.”</bold><br /> <br /> - Wayne Carney, a professional handyman and “self-described Averag