• Hyde Park CG Closes a $2,435,580 Commercial Real Estate Loan for the Acquisition and Property Improvement of a 193 Room Full Service Hotel in Greensboro, North Carolina

  
  (PRWEB) October 13, 2012

  Hyde Park CG, a Cincinnati based commercial real estate advisory firm, is pleased to announce the closing of a $ 2.43MM loan for the acquisition and renovation of a 193 room full service hotel in Greensboro, North Carolina. The loan was arranged through a private equity fund that focuses on hospitality transactions. The loan featured an interest only term through renovation, with a fully amortizing loan structure upon completion of the property improvement plan. The proceeds exceeded 74% Loan to Cost inclusive of the property improvements.

  The borrowers approached Hyde Park CG when the lost their investor and were challenged with a very short fuse to close on the acquisition by months end. HPCG evaluated the opportunity and underwrote the loan and was able to facilitate the closing in two weeks.

  Hyde Park CG represents a broad range of capital sources from private investors to regional and national banks. Hyde Park focuses on debt placement for improved commercial real estate properties and corporate transactions nationwide.

  For more information visit: http://www.hydeparkcg.com. Hyde Park CG has offices in Cincinnati and Chicago, and can be reached at 513.792.2940.

  
  
  
  
  
  
  

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• Revitalized Mutual Funds Drive Early 2013 Equity Markets to Pre-Recession Highs

  Revitalized Mutual Funds Drive Early 2013 Equity Markets to Pre-Recession Highs
  Only a few, with whom I agree, give credit to the record surge of influx into stock market mutual funds, and the consequent outflow from fixed income instruments and the thousands of funds that specialize in that particular category. Even within the …
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  WestBridge makes first PE investment from new fund
  It exited a part of this two years ago when another private equity fund – TA Associates acquired the stake. This time too WestBridge's new fund and TA Associates are picking up the stake from WestBridge as the earlier fund is coming to a close. It is …
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  Equity fund's top 10 holdings: Cash flow is king
  We look at Cambridge Pure Canadian Equity at www.ci.com. More about the fund. The $ 7.7-million Canadian small-to mid-cap equity fund is run by a team at CI Investments Inc. The fund gained 34.3 per cent for the year ended Dec. 31 compared with 2.5 per …
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• The Health Equity Fund and access to maternal health services

  This video describes how the Health Equity Fund increases the access to health services of poor rural women in Cambodia.
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• $44 Billion in Distressed Commercial Real Estate on the U.S. MarketBut For How Long?

  
  San Francisco, CA (PRWEB) October 16, 2012

  There is still $ 44 billion in distressed commercial real estate up for grabs on the U.S. market, according to Dan Fasulo, managing director at research and consulting firm Real Capital Analytics.

  In his opinion, investors need to make haste if they want to take advantage of lower prices on distressed real estate. More properties are exiting the distressed category than are being added to it currently, Fasulo warns. He believes that we may have already peaked in this market, and are now on the way down.

  However, other analysts think that there could be a shift in the opposite direction. We think the property loan picture will continue to improve in a meaningful way throughout 2012 and beyond if interest rates remain low and the economic expansion picks up pace. The real test of the decline in the level of distressed assets will come in 2012 and 2013, with about $ 300 billion in loans coming due each year, said Mike Donnelly, recently in the Washington Post. Donnelly is a senior associate at Delta Associates.

  Its not surprising that distressed commercial property is being acquired, as it can provide great value, and there is a large pool of money waiting to grab that value. REITS, for example, have spent nearly two years raising close to $ 20 billion in preparation for a buying spree in distressed commercial real estate. Players like Boston Properties, Simon Property Group, and Vornado Realty Trust, to name just a few, have been active. And private equity funds have been active in the markets as well.

  To get the best of the distressed commercial real estate market, however, analysts say that buyers need to either get direct with sellers, or use an expert who can do so to conduct off market transactions. Even today, years after the crash, some owners are finding it hard to accept the lower valuations that the post-crisis period has brought in. In the end, a price is what the buyer is willing to pay and the seller is willing to accept. But only when sellers are able to accept valuations do markets begin to heal as in Dallas, where the largest distressed buildings have recently changed hands thanks to some hard-nosed, personal negotiations.

  In light of the amount of real estate debt that is yet to mature, and the defaulted or “in limbo” property which banks are continuing to “extend and pretend”, the question is unanswered as to when the bottom of the market will occur.

  About Genesis Capital
  
  Genesis Capital provides a unique forum for this kind of contact. The company sources off market assets from private Clients and from banks for opportunity buyers. Assets may or may not be distressed, but they are always off market and always principal to principal.

  
  
  
  
  
  
  

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• Headland Capital Wins Operational Excellence Award

  Hong Kong (PRWEB) October 20, 2012

  Headland Capital Partners Limited (Headland) has announced that it was unanimously awarded by a panel of judges as the winner of Private Equity Internationals inaugural Operational Excellence Award for Asia for its work with Yonghui Superstores in China. Private Equity International launched the Operational Excellence Awards to highlight the industrys leading operationally-focused firms.

  Please see the links below.

  http://www.privateequityasia.com/Article.aspx?aID=7868&article=69740

  http://www.privateequityinternational.com/Article.aspx?aID=0&article=69723

  About Headland Capital Partners
  
  Headland Capital Partners Limited, formerly, HSBC Private Equity (Asia) Limited, has been advising private equity and venture capital funds since 1989. Headland endeavours to be a trusted and commercially-minded investment partner for entrepreneurial management teams in Asia and strives to assist these teams to build upon or achieve industry leadership positions for their businesses. The firm believes such partnerships support these companies and their management teams to attain sustainable financial success while delivering attractive returns for its advised funds.

  During its history, Headland has advised six regional private equity funds, with aggregate capital of approximately US$ 2.9 billion. Current active funds, with committed capital of approximately US$ 2.0 billion, include: The Headland Private Equity Fund 6 L.P. and The Headland Private Equity Fund 3 Limited. Funds advised by Headland have invested in more than 100 companies located primarily in Greater China, South Korea and Southeast Asia.

  
  
  
  
  
  
  

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• Equity Fund – HDFC

  Mr. Kashyap of HDFC Mutual Fund on Equity Funds
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• Harneys Hong Kong adds to funds team in Asia

  
  (PRWEB UK) 21 October 2012

  Harneys is pleased to announce the addition of partner Lisa Pearce and associate Leanne Tunney to the firms growing funds team in Asia.

  Lisa Pearce joins as a partner in the investment funds group and advises on the establishment, structuring, maintenance and restructuring of various types of Cayman Islands investment funds. Previously with Ogier and Simmons & Simmons in Hong Kong, Lisa has particular expertise in unit trusts and has advised both trustees and managers on retail and private offerings. Chambers Asia-Pacific describes Lisa as a go-to lawyer for funds and unit trusts work with an offshore element and she was also named a rising star by IFLR1000 in its just-released 2013 rankings of offshore funds lawyers in Hong Kong.

  Leanne Tunney worked for two years as an associate in the financial services and investment funds team of Bedell Cristin in Jersey before moving to Hong Kong. Leanne specialises in investment funds with a particular focus on private equity funds and their associated regulatory, operational and compliance issues. She also has extensive corporate experience including working on listings, share sales and purchases and rights issues.

  Jonathan Culshaw, Asia Managing Partner, commented:

  Harneys Asia team has been expanding in the past 18 months to meet increasing demand from clients in the region. Our offshore funds practice is one of our fastest growing practice areas and we are pleased to welcome Lisa and Leanne. Their arrival demonstrates our ongoing commitment to recruiting high calibre lawyers. In particular, Lisa is one of the handful of offshore funds lawyers practising in Asia rated by leading directory Chambers Asia-Pacific. She is widely recognised for combining technical expertise with a thorough knowledge of the business and a commercial approach.

  As the hub of our British Virgin Islands and Cayman Islands legal practice in Asia, the Hong Kong office now has 18 principal fee earners and 3 paralegals covering all key transactional, restructuring and litigation practice areas.

  About Harneys

  Harneys is a leading international offshore law firm providing legal services related to the British Virgin Islands, Cayman Islands, Cyprus and Anguilla. Through its associated business Harneys Services it also delivers a full complement of corporate, trust and private wealth services in the British Virgin Islands and the Cayman Islands. For more information please visit http://www.harneys.com.

  
  
  
  
  
  
  

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• Rajay Ambekar on his Equity Fund

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News in Pictures

• (PRWEB) October 13, 2012 Hyde Park CG, a Cincinnati based commercial real estate advisory firm, is pleased to announce the closing of a $ 2.43MM loan for the acquisition and renovation of a 193 room full service hotel in Greensboro, North Carolina. The loan was arranged through a private equity fund that focuses on hospitality [...]

• Revitalized Mutual Funds Drive Early 2013 Equity Markets to Pre-Recession Highs Only a few, with whom I agree, give credit to the record surge of influx into stock market mutual funds, and the consequent outflow from fixed income instruments and the thousands of funds that specialize in that particular category. Even within the … Read [...]