The diversified firm, jointly led by Charles Kaye, has surpassed its target by 25 percent, as investors look to emerging markets and growth capital for returns.
The Indian real estate fund manager appoints the former Indian government housing development chairman, Dr. P S Rana, to head its real estate and infrastructure projects.
The US firm is to go on the fundraising trail to acquire up to €5 billion of real estate in Europe.
Jones Lang LaSalle’s hotel and investment management arms announce $250 million joint venture to redevelop and reposition upscale and luxury hotels in high barrier-to-entry US markets.
Fundraising for Asia shows no signs of abating as the pan-Asian buyout firm raises the region's ‘biggest ever fund’, its first since ending a joint venture with Citi.
Having nearly deployed all of its $210 million first fund, the South Korea property investor is planning a second fund for the country.
The Fiscal Policy Institute estimates a two percent tax on carry would produce annual revenues of $160m to $200m – a figure budget-conscious legislators aren’t likely to miss.
The Swiss alternative asset manager has opened in Luxembourg, where it will use an investor-friendly funds regime to structure products. The firm has already set up some of its funds in the country.
The Los Angeles-based fund tied to basketball legend Magic Johnson, Canyon-Johnson Urban Fund, has closed its third vehicle on $1 billion saying its strategy of revitalizing urban neighborhoods across the US is a proven success.
The fund has closed at $1.2 billion, having attracted 16 LPs in Europe, North America, Asia and the Middle East.