Hints and tips:
...TPG VII has already begun doing deals, after it achieved a critical mass of capital last year....
...TPG VII, which has a $10bn target, has offered discounted management fees for investors that committed large sums early....
...Its latest fund, Blackstone Real Estate Partners VII, which was raised in 2011 has an internal rate of return of 27 per cent....
...However the head of investor relations at one of TPG’s main rivals said: “LPs [limited partners] want returns, they want to see their money put to work for them....
...Blackstone’s $13.3bn Real Estate Partners VII fund will make the investment in Top Ryde....
...Blackstone Real Estate Partners VII fund started fundraising last spring and is expected to close later this year. Blackstone declined to comment....
...While the eighth fund is the first global one for Apax (the previous one was still labelled Apax Europe VII), it still aims to invest the majority of the money in Europe....
...CIC bought 9.9 per cent of Morgan Stanley for $5.6bn at the end of 2007, and has also invested in Msref VII Global, Morgan Stanley’s latest property investment fund....
...Apax Europe VII has made 15 investments, including UK publishing group Emap, Weather Investments, an Italian tele-coms group, and D+S Europe, a German e-commerce company....
...Oaktree has already fully invested the $3.5bn OCM Opportunities Fund VII it raised last year, as it scrambled to seize what many credit investors considered to be a unique opportunity to buy debt in solid...
...Its centrepiece is a funeral march which seems like an elegy not so much for an individual as for an era (the symphony’s dedication is “in memory of Edward VII”)....
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