Investcorp Sells US Multifamily Property Assets for $900 Million

Investcorp Sells US Multifamily Property Assets for $900 Million

Investcorp Holding BSC, the biggest private equity and alternative asset manager in the Middle East, sold eight U.S.-based multifamily properties for more than $900 million. The units were located in metropolitan areas in Arizona, California, Florida and New York, the...
Cerberus seeks $3 billion for flagship private equity fund

Cerberus seeks $3 billion for flagship private equity fund

Cerberus Capital Management LP is seeking $3 billion for its latest flagship fund, which will pursue investments ranging from private equity to the debt of companies in financial distress, people familiar with the matter said on Monday.  The New York-based firm, whose...