US buyout firm GI Partners has backed a £440 million secondary buyout of Park Resorts, a UK mobile home park operator owned by ABN AMRO Capital.
Details of Blackstone’s IPO filing show, among many other things, that real estate investment is outperforming its core private equity business.
The Carlyle Group announced the firm hired an Ernst & Young veteran from the region to advise the firm’s investments within the country.
The Pacific Shores Center was the right building at the wrong time, but it was still able to go from dot-com bust to post-bubble boom.
The quoted Vietnam-focused real estate company, which spun out of private equity firm VinaCapital, has raised double its initial target of $200m in its second round of fundraising.
The French quoted investment group with €6 billion under management has rationalised its business and sold its non-core interests in venture capital and real estate for $214 million to US insurer AIG.
Two US real estate investment firms have struck separate sale and leaseback deals with Kwik-Fit in Europe totaling €213m.
Charlie McCreevy, the European Union’s internal market commissioner, has leapt to the defence of the private equity and hedge fund industries, while criticising their public relations efforts.
The Blackstone Group is reportedly close to filing for an initial public offering of the firm just weeks after Steven Schwarzman dismissed the public markets as a source of capital for buyout fundraising.
The Institutional Limited Partners Association has appointed Kathy Jeramaz-Larson to run its day-to-day operations.