The Chinese capital has reportedly joined Shanghai in securing the necessary backing from China’s central government to launch a currency conversion programme for offshore LPs. Further detail on Shanghai’s QFLP scheme has also emerged.
3 min read · 18 January 2013
Daniel Klebes, the one-time architect of Goldman Sachs’ Whitehall Funds investments in Japan has resigned from his current position as chief investment officer of Asia private equity real estate firm, Aetos Capital.
2 min read · 18 January 2013
The Chicago-based fund manager has taken over the $700m Transwestern Securities Management platform, including its six-member team.
2 min read · 18 January 2013
After 13 years with Westbrook Partners, Avi Banyasz will help David Bonderman’s private equity firm push further into the real estate asset class.
2 min read · 18 January 2013
Keith Barket, global head of real estate at the New York-based firm, has passed away after succumbing to stomach cancer.
2 min read · 18 January 2013
ING Real Estate Investment Management has agreed the sale of its A$2.5 billion Australian Securities Exchange-listed industrial fund to a consortium of buyers led by Sydney-based Goodman Group. The sale is the latest in a string of real estate offloads by Dutch parent company ING.
2 min read · 18 January 2013
The French insurer has held a first close for Commercial Real Estate Senior 1, which provides loans either directly to borrowers or indirectly by backing a syndicate of banks
2 min read · 18 January 2013
Pamfleet Group, the Hong Kong and Singapore real estate investment business has attracted $125 million from institutional investors for the first closing of its debut private equity real estate fund. Hong Kong is likely to be the firm’s short-term investment destination.
2 min read · 18 January 2013
Former Quadrangle chief Steve Rattner has agreed to pay $10m and be banned from appearing before New York public pensions for five years.
2 min read · 18 January 2013
Investors will ‘sacrifice’ returns and diversification if they overlook China, Brazil and India. However, targeting the three countries’ real estate markets demands a longer-term investment horizon and plenty of due diligence.
4 min read · 18 January 2013
