Limited partners will likely shift away from making commitments to diversified fund of funds due to poor relative performance and a move toward more customised strategies.
2 min read · 27 August 2013
Pension funds have been ramping up exposure to alternatives – with some of the world’s largest pension markets recording a rise in average allocations to 19 percent from 5 percent. Consultancy Towers Watson is ‘confident’ the numbers will keep rising.
2 min read · 27 August 2013
This week milestones were reached for the London skyline as the Shard – Western Europe’s tallest tower – was inaugurated and Battersea Power Station was sold once again.
4 min read · 17 January 2013
Morgan Stanley ‘couldn’t agree a price’ with Santander over a €700m property portfolio in Spain, as sources play down the country’s economic woes as a reason for the deal collapsing.
2 min read · 17 January 2013
The European distressed market is perceived by some as an ‘invitation-only’ market favouring the very largest private equity funds, according to a survey.
3 min read · 17 January 2013
The latest European investment report from the London-based real estate services firm suggested that foreign investors are eager to go into core and opportunistic funds, but tend to ignore the middle ground.
2 min read · 17 January 2013
In a new research paper, Nori Gerardo Lietz throws the spotlight on the staggeringly low number of women in senior investment and finance roles at private equity real estate firms. The hope is that going public with the issue will change the industry for the better.
3 min read · 17 January 2013
The extraordinary tale of a huge Dutch real estate fraud, a warning by the country’s Central Bank over property valuations and how the Dutch office market could be hardest hit by the unwinding of German open-ended funds.
3 min read · 17 January 2013
In its annual fund trends survey, law firm Nabarro says that 77.8 percent of investors require a reduced management fee for committing to a first close of a fund.
2 min read · 18 January 2013
New research from Clairvue Capital Partners reveals that, in an illiquid market, opportunities in two forms of special situations investments – recapitalisations and secondaries – are rising. PERE Magazine, December 2011/January 2012 issue.
7 min read · 18 January 2013