Jonathan Brasse
The Houston-based developer and fund manager has teamed with the real estate arm of the National Bank of Abu Dhabi as it seeks to increase its exposure to the region.
The real estate lender has filed for bankruptcy protection. Sponsors KKR, Five Mile and Goldman Sachs are set to record one of the biggest private equity losses in history.
The Beijing-based private equity fund launched by former Goldman Sachs executives has reportedly made its first investment outside of China.
The jointly managed vehicle with Japanese financial heavyweight Sumitomo Trust & Banking is the second in a four- fund Asia strategy for the French insurance giant aimed at partnering with managers in each of its target countries.
The newly formed 1Malaysia Development Berhad has teamed up with Saudi-backed investment company PetroSaudi to co-invest in Malaysian projects.
In a bid to improve its fundraising and structuring capabilities, the Hong Kong-based firm has appointed George Agethen from Australia’s Macquarie Capital Advisors.
An investment firm part-owned by the Kuwait Investment Authority is eyeing China for returns of between 15%-19%.
The firms are part of a syndicate buying a $4.5bn portfolio of loans and real estate from failed Chicago-based Corus Bank.
Barry Sternlicht’s firm has led a consortium of investors in the purchase of loans made to condominiums by the Chicago-based bank, taking advantage of an attractive financing package offered by the failed bank’s receivers.
According to reports in the local media, the Houston-based developer and fund manager is aiming to start investing through the vehicle in the next six to nine months.