The opportunistic vehicle was targeting $300m of equity when it was launched in 2007. It will focus on equity and debt investments on the west coast of the US and in Hawaii.
1 min read · 24 January 2013
The US firm is reportedly considering a public listed entity for its Center Parcs assets in the UK to help smooth a potential majority sale to M&G Investments, the fund management group owned by British insurer Prudential
1 min read · 24 January 2013
In only providing an emergency financial backstop for the housing market, the US government should bring in more private sector involvement with tougher underwriting, bigger down payments, greater disclosure and standardisation, according to a government-led debate on the issue.
3 min read · 24 January 2013
Momentum Real Estate Partners is eyeing a $75m final close in the next year for its debut vehicle. The firm was launched by GFG founders Mauricio and Eduardo Gruener and Jaime Garcia in 2009.
2 min read · 24 January 2013
Dynegy has a history of private equity transactions, including a $2.35bn deal in 2005 in which Warburg Pincus took over one of its subsidiaries.
2 min read · 24 January 2013
On both sides of the Atlantic regulatory barriers are making fundraising for ‘foreign’ firms more difficult and expensive. GPs in emerging markets could be left out in the cold.
2 min read · 24 January 2013
A pending state bill that would force placement agents to register as lobbyists would create two sets of registration, reporting and compliance policies.
3 min read · 24 January 2013
Auckland-based Du Val Group is seeking to raise nearly $1bn from Asian investors for its first blind pool, commingled funds. The firm plans to raise two funds which will target real estate investments in New Zealand and Australia.
2 min read · 24 January 2013
Anders Âström, the real estate professional best known for founding the indirect investment management business of Aberdeen Property Investors, and former colleague Tomas Otterud, have returned to the real estate arena with their own business
1 min read · 24 January 2013
The US multifamily sector has been bolstered thanks to liquidity from the mortgage insurers Fannie and Freddie. Impending reform of the government agencies though could prove painful for apartment borrowers and the sector.
3 min read · 24 January 2013
