Just 18 months after buying the iconic building, the two firms stand to realise jumbo returns in an otherwise profit-starved property investment market.
2 min read · 24 January 2013
New York-based alternative assets management firm Fortress is to open an office in Singapore. The office will initially host its Asia-specific macro-trading activities to be led by Adam Levinson, reportedly one of Wall Street’s top earners.
2 min read · 24 January 2013
Rockefeller Group International, the New York-based real estate investment firm, has acquired a majority share in London-based private equity real estate firm Europa Capital.
2 min read · 24 January 2013
Switzerland is home to some of private equity’s most important LPs. PEI tapped into the investor community to ask what the industry will look like in the future.
4 min read · 24 January 2013
As musician and campaigner Bob Geldof launches a $1bn private equity fund, his long-time ally in philanthropy, Bono, is learning that limited partners demand results.
3 min read · 24 January 2013
The director has Wall Street for lunch
1 min read · 24 January 2013
Recently-passed finance reform will put a spotlight on how private equity real estate managers market to new and existing investors. PERE Magazine October issue 2010.
3 min read · 24 January 2013
Private equity firms are doing more in Europe than simply looking to buy loan portfolios from financial institutions – they want to buy whole banks. By Robin Marriott.
3 min read · 24 January 2013
The Oregon Investment Council chose this week to withhold a tentative, $400m commitment to the firm made alongside its original $400m pledge last year.
2 min read · 24 January 2013
The National Pension Service of Korea, the $270 billion pension fund, reportedly informed Dow Jones it was to commit $400m to a separate account mandate awarded to Pramerica Real Estate Investors. PERE revealed the appointment last month.
1 min read · 24 January 2013
