The private equity real estate firm—part of Sam Zell’s investment empire—has made two hires to join its growing pool of in-house talent.
The firm’s infrastructure fund, launched in August with a target of $1bn, will provide capital for the expansion of Soma Enterprise.
The private equity real estate secondaries specialist has added a senior controller to its lineup.
Jayanta Banerjee has returned to ICICI Venture after a six-month stint at Lehman Brothers where he was leading the bank’s private equity investments for India. He will kick-start fundraising for the firm.
The urban investment specialist is already speaking with investors about a larger follow-on fund.
CVC Capital Partners, the global buyout firm, is consulting investors for its latest fundraising effort while its chairman Michael Smith has reportedly said limited partners as long-term investors are not driven by short-term problems.
As Western markets continue to see less activity, ING plans to sink a further $700 million into the growing Asian property market.
CVC, the global buyout firm, is the latest private equity firm to open a dedicated infrastructure unit. 3i, Europe’s largest quoted private equity firm, launched its offering earlier this year.
The fund management arm of listed British property services firm Colliers CRE is beefing up its senior executive team in advance of a number of fund launches next year.
The US-based independent placement agent is eschewing orthodox moves into Hong Kong or Singapore in the hope of stealing a march on its competitors.