The fifth annual PERE conference concluded today with calls for LPs to turn against the flow of capital to core, amid concerns the sector is becoming as risky as value-added and opportunistic strategies. We present other notable quotables from the New York event.
2 min read · 24 January 2013
Speaking at the annual PERE Forum in New York, Mark Burton said LPs have to staff advisory committees with people willing to 'speak out' if the opportunity fund model is to work.
2 min read · 24 January 2013
The $27.4bn endowment will keep eyeing secondaries sales and acquisitions, after reporting a 2.7% real estate loss in the past year. Real estate, though, would be one of the 'most interesting' opportunities over the next few years.
2 min read · 24 January 2013
The former colony receives most attention for its gaming. One firm sees potential in its leisure industry instead. PERE magazine September 2010 issue
1 min read · 24 January 2013
The Hong Kong-based private equity real estate, founded by brothers Goodwin and Kenneth Gaw in 2005, says it will ‘steer clear’ of tier one cities in China and primarily target second and third tier cities instead.
2 min read · 24 January 2013
The Canadian pension and Australian sovereign wealth fund have injected A$375m each into recapitalising Colonial First State’s open unlisted retail vehicle, after original investors called it a day at the expiration of the fund.
3 min read · 24 January 2013
The US firm has taken over the investment management of a UK ground rents vehicle from UBS Global Asset Management following a move by three fund managers.
1 min read · 24 January 2013
The firm’s 2006 global buyout fund, which raised nearly $18bn, is nearing the 75% invested threshold.
2 min read · 24 January 2013
Sniper Capital, the Macau-focused fund management business, has launched its first private equity real estate fund as it aims to capitalise on a lack of non-gaming leisure real estate on the former Portuguese colony.
2 min read · 24 January 2013
The Korea Investment Corporation has appointed Swiss-based alternatives firm Partners Group to help it invest in private real estate strategies
2 min read · 24 January 2013
