People

Richard Branson might be setting his sights on Macau as the location for a $3bn, Virgin-branded casino and resort.
Former Morgan Stanley pro Craig Phillips is launching his own firm, Ptarmigan Capital, which will focus on real estate investment in southern India.
As expected, UK-listed buyout group 3i has sold UK car park operator NCP to Macquarie for £790m, realising a substantial profit just a year and a half after buying the company.
General partners are scrambling for more information amid vague indications that members of Congress might consider drafting legislation that would drastically raise the tax on GP profits. One legal source called these fears
The London-based firm has sold its €277m stake in Vectrane, the property company it brought to the French market a little over one year ago.
The private equity real estate firm has joined forces with French billionaire Bernard Arnault to purchase approximately 10 percent of the French supermarket chain.
EQT, the regional buyout firm, has bought Scandic Hotels from Hilton Hotels for more than €800m.
As private equity funds evolve, they will increasingly need the guts to be considered sustainable companies. By Joshua Herrenkohl
As competition increases in Shanghai and Beijing, second-tier markets are the toast of China—and cities like Qingdao and Hangzhou are turning into the next hot hotel markets. By Aaron Lovell
For the first time, PERE commemorates the people, firms and deals that shaped the past year in the global private equity real estate industry. And what a year it was.
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