HNWIs

The captive infrastructure firm of the US bank has closed its latest fund, which has already made more than $1bn of investments. More than 100 employees of the bank invested.

Silver Lake's middle market investment group has concluded its first fundraising effort, having made three investments to date.

Tel Aviv-based Israel Infrastructure Fund has raised NIS 400 million for its first fund, 40 percent of which has been deployed.

The investment management firm’s second value-add vehicle will target investments in office, retail, industrial and multi-family properties throughout the US.

The Indian alternatives manager has completed fundraising for its third private equity fund in less than three months, bringing its assets under management to more than $1.4 billion.

Former Goldman Sachs managing director Joseph Stecher is tasked with heading Morgan Stanley Alternative Investment Partners' new real estate fund of funds business.

Sports Venture Partners, a private equity firm founded by ex-NFL player Jim Flanigan and former Redskins marketing director John Wagner has closed its first real estate-focused fund of funds.

HRJ Capital, the San Francisco fund of funds firm started by American pro-footballers Ronnie Lott and Harris Barton, has doubled its equity commitments for its latest vehicle.

Red Fort Capital Advisors expects to deploy its new fund completely in the next year, with 80 percent invested in land acquisition.

Arif Naqvi, Abraaj Capital's chief executive, is looking forward to 2008 and continuing to invest in the development of the Middle East, North Africa and South Asia region’s basic building blocks.