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Exact(42)
They planned an initial public offering of its property arm.
The property arm of Qatar's sovereign-wealth fund had backed the project.
It has a property arm, an advisory business, credit businesses and the largest fund of hedge funds in the world.
Leading the charge is Jason D. Pizer, the 47-year-old president of Trinity Real Estate, the church's property arm.
It ended up being acquired by Hermes Real Estate and BlackRock's UK property arm for £226m in 1998.
The church is a pillar of the Financial District and through its property arm, Trinity Real Estate, one of the largest landlords in Lower Manhattan.
Similar(17)
A fewblocks further along, the owner of a bicycle shop stood guard outsidehis property armed with a rifle.
As important as aid is, its development impact is far less than policy decisions on areas like migration, trade, intellectual property, arms sales or financial regulation.
Now many private-equity firms boast credit, debt restructuring, M&A and property arms, which may help them gain traction in this new financial landscape.But the next few years will test private-equity's resilience.
An intellectual property arms race is escalating on Wall Street, where financial services firms like Goldman Sachs and Citigroup are building up stockpiles of patents on processes like software-based pricing, trading and risk analysis systems and products like credit cards, exchange-traded funds and exotic derivatives.
Seasoned businessman Ong Leong Huat has been consolidating shares of property arms OSK Property and PJ Development under his group's core holding, OSK Holdings.
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