News & Analysis

The firm has acted quickly on a new pilot scheme from the Beijing government to attract foreign private equity investment. Carlyle Asia Partners RMB Fund, the firm’s second RMB fund, will be managed by the firm’s Asian buyout team.

The firm has acted quickly on a new pilot scheme from the Beijing government to attract foreign private equity investment. It will reportedly raise $732m.

The 23-year veteran of the private equity industry has emerged at the fund of funds and advisory firm following his departure from SVG last year.

The Government of Singapore Investment Corporation has reportedly booked a loss on equity and debt positions taken when Tishman Speyer and BlackRock bought New York City’s Stuyvesant Town and Peter Cooper Village in 2006.

Robert Doekes joined the firm late last year to fill the role. Pauline Debaeke, formely of ING, also joined the firm as a junior asset manager. The firm is currently raising DIF Infrastructure II, which is targeting €500m.

The pension has investments in its pipeline that could bring its total commitments to the asset class to $1bn or more by early 2010. CalPERS has already invested $700m to the asset class.

After more than a year of dicussions, high-profile London estate agents Foxtons has undergone a capital restructuring that sees its lenders own the majority of the equity.

After months of speculation, the two firms confirmed New York's Stuyvesant Town/Peter Cooper Village complex had missed a $16m debt service payment due today. Tishman hope to restructure the $5.4bn deal's debtload.

The team is taking the opportunity to create a more 'entrepreneurial' business in its new life as part of Pacific Century Group.

Adding to the private equity momentum in Latin America’s largest economy, the firm will buy a majority stake in CVC Brasil, a major tour and travel company based in Santo Andre.