The global asset manager has raised almost as much in coinvestment capital as it has so far for its third Asia fund of funds. The firm has another 12 months before capital raising for its Aberdeen Asia Fund of Funds III is due to come to a close.
2 min read · 17 January 2013
Grant Berlin, former head of real estate fundraising at AllianceBernstein, has joined the Toronto-based asset manager as senior vice president in its private funds group.
2 min read · 17 January 2013
In response to our opinion piece last week, the former head of CBRE Global Investors’ real estate finance business countered that his split from the firm wasn’t over differences in risk tolerance.
2 min read · 17 January 2013
The $11.6 billion state pension plan has agreed to contribute $30 million to the New York-based firm's ninth real estate fund.
2 min read · 17 January 2013
The departure of Ethan Penner as head of CBRE Capital Partners shows that, even within higher-risk strategies, some private equity real estate firms are struggling with their appetite for risk.
3 min read · 17 January 2013
The New York-based private equity real estate firm has sold its ownership interest in two shopping centres in Oregon and Arizona to DDR for $70 million.
2 min read · 17 January 2013
The New York-based private equity giant has agreed to buy a 17 million-square-foot portfolio of 69 US industrial properties from Dexus Property Group on behalf of its BREP VII fund.
2 min read · 17 January 2013
The Massachusetts-based college, which has a $1.8 billion endowment, is searching for a new head of alternatives following the departure of Tim Joeng, who led real estate, buyouts and venture for five years.
2 min read · 17 January 2013
The São Paulo-based real estate fund manager, formerly known as Prosperitas Investimentos, turned away $350 million in commitments for its new Brazil-focused fund, which launched just five months ago.
3 min read · 17 January 2013
Peakside Capital, the spin out from Bank of America Merrill Lynch, has agreed to take over two Polish property funds from Allied Irish Banks. Partners Group has teamed up with Peakside to also buy stakes in the two vehicles.
3 min read · 17 January 2013
