News of two more European debt funds arrived last month, one from a French bank and the other by asset manager BlackRock. PERE Magazine July, August 2012 issue.
3 min read · 17 January 2013
CalPERS’s purchase of a major stake in real estate investment advisor Bentall Kennedy will provide the largest pension fund in the US with an inside knowledge of the investment management business.
3 min read · 17 January 2013
Eurohypo, a notable lender to private equity real estate firms in Europe, is pulling out of real estate lending, its parent company Commerzbank has said. The decision is a blow to borrowers, but at the same time underlined the void in real estate finance which private equity platforms plan to fill.
3 min read · 17 January 2013
The $19.5 billion pension fund has decided to pull its $100 million commitment to H/2 Capital’s core debt fund after the two parties failed to reach an agreement on contract terms.
2 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 Boston-based fund manager beat out rival Heitman to take over a portfolio of 17 core US properties owned by the $26 billion state pension plan. The portfolio previously was managed by BlackRock.
2 min read · 17 January 2013
The endowment’s $75 million allocation to The Blackstone Group is the initial capital outlay of approximately $225 million in non-core commitments that the state is expected to make this year.
3 min read · 17 January 2013
The Birmingham, Alabama-based investment management firm has purchased a four-strong industrial property portfolio and an office park from the UK REIT on behalf of its latest opportunistic fund and in tandem with 'institutional investors'.
2 min read · 17 January 2013
The $218 billion state pension system has invested $100 million in the North American real estate advisor, making it a one-third owner of the firm.
2 min read · 17 January 2013
Dallas-based LP Analyst will provide limited partners with a variety of consulting services focused on fund monitoring and portfolio evaluation. The firm will work with investors in private equity, real estate and distressed debt, among other asset classes.
2 min read · 17 January 2013
