Jonathan Brasse
New Canterbury-based alternative investment and asset management business sets large capital raising targets for investment programmes in real estate, private equity and infrastructure.
In its latest high profile purchase, the National Pension Service of Korea is to acquire Berlin’s landmark Sony Centre from Morgan Stanley’s sixth global real estate fund.
Against a recent fad of country- and sector-specific funds, Glenn Uren, managing director at New York-based Franklin Templeton Real Estate Advisors, underlines the importance of pan-continent real estate investment funds in Asia.
Franklin Templeton Real Estate Advisors, the real estate investment arm of New York-based Franklin Templeton Investments, has launched its second Asia fund of funds after closing on its inaugural effort in November 2008.
Saffron Asset Advisors, the Mumbai-based real estate investment management firm is to halt plans for three sector specific India funds in order to concentrate its efforts on its existing portfolio.
Major changes in the fundraising industry continue with Evercore’s purchase of an eight-person private placement team from the former Lehman division. The Evercore Private Funds Group will place infrastructure, real estate, buyouts and other alternative strategies.
The global real estate and infrastructure firm has purchased a 2.9 million square foot portfolio, 60 percent of which is to be leased back by JPMorgan Chase.
Having invested more than 80% of the capital from its debut vehicle, the New Delhi-based private equity real estate firm has hit the fundraising trail for a follow-up.
David Jackson, chief executive officer of Dubai World’s private equity business Istithmar, has resigned just over one month after the embattled state-owned conglomerate underlined its support for the company.
The India-focused private equity real estate firm has appointed Raj Inamdar as a principal in charge of creating new business initiatives as it nears the launch of its second opportunity fund.