GIMV, Belgium’s largest private equity firm, and Dexia Bank have launched a €100m infrastructure and real estate fund.
The private equity investment arm of Dubai World has invested in a $50 million joint venture to build budget hotels across Southeast Asia.
The investment management firm has teamed with China’s biggest insurer and largest institutional investor to search for opportunities in China’s real estate sector.
The European property fund manager is seeking to raise more than €300 million ($400 million) for Italian Opportunities II less than a year after launching its first Italian fund.
Lehman Brothers, the US bank, has recruited Jayanta Banerjee from ICICI Venture to become managing director of the bank’s Mumbai private equity activities.
Through their Brazil-dedicated fund, the Houston-based real estate fund and the California pension system have bought the office building from Banco Itaú.
J.E. Robert Companies and co- fund manager Alfa Capital Partners has attracted the European Bank for Reconstruction and Development as an investor.
USS makes a $200 million (€149 million) investment in Partners Group’s new hedge fund of funds strategy that is being replicated by other large financial houses.
Khaleej Finance and Investment has partnered with Kuwait Investment Company and Kuwait Finance House to launch a Sharia-compliant private equity fund targeting real estate.
The private equity real estate firm has sold 106 buildings that it purchased last year as part of its privatization of CarrAmerica. Arden Realty was the buyer.