Robin Marriott
Simon Hipperson, a former managing director in London at the New York buyout firm and one of the architects of its Global Infrastructure Partners platform, has been hired by Australia’s Lend Lease as chief executive officer for Europe, the Middle East and Africa.
RREEF Infrastructure could be heading to New York and Chicago-based Guggenheim Partners as the latter enters exclusive talks to buy parts of Deutsche Bank Asset Management put up for sale last year.
The Sydney-based bank is one of at least three firms vying to buy the businesses of Deutsche Bank Asset Management, which include RREEF Real Estate and RREEF Infrastructure. Second round bids are due next week.
Reports this morning say Deutsche Bank has launched the sale of a large chunk of its Global Asset Management business, which includes its real estate, infrastructure and private equity platform.
Deutsche Bank is conducting a strategic review of its €516bn global Asset Management group, which could lead to a sale of RREEF’s global real estate arm, DB Private Equity, and RREEF Infrastructure. An MBO for the latter ‘would make sense,’ insiders say.
The Eaton Parters’ spinout has hired Arnab Bhattasali as a vice president in its London office to concentrate on marketing and sourcing private equity, infrastructure and real estate funds in Europe and the Middle East.
The Washington, D.C. behemoth is to join the ranks of KKR, The Blackstone Group and Apollo Global Management via an initial public offering on the New York Stock Exchange.
The Korea Investment Corporation has appointed Swiss-based alternatives firm Partners Group to help it invest in private real estate strategies
The New York private equity firm led by Leon Black has hired former Colony Capital head of Asia Pacific, Grant Kelley, as it seeks to raise its first fund in the region
Private equity interest in the Silverburn mall comes to nothing as nationalised Lloyds Banking Group sells a shopping centre to European real estate investor Hammerson and Canadian pension, CPPIB.