| 21.10.2008 - Lehman's $3.4 billion property fund seeks sponsor |
| From Reuters: A $3.4 billion global property fund set up by Lehman Brothers may look for a new sponsor to take a 20 percent stake owned by the failed investment bank, an executive said. The private equity unit of Lehman Brothers that runs the fund is legally separate from the investment bank and was not affected by its bankruptcy filing or Nomura Holding's purchase of parts of its Asia, European and Middle East businesses..... Full Article: Source |