Thomas Barrack reportedly admits the timing of the US casino operator’s $5.4bn take-private in November 2007 was poor, telling Bloomberg Markets the firm was now focused on smaller, unconventional deals.
3 min read · 24 January 2013
The 'Volcker Rule's' impact on private equity may not be felt until 2022, and its main effect could be to reduce banks' co-investment in alternative vehicles.
3 min read · 24 January 2013
The Sydney-headquartered firm will seek to raise ‘several hundred million dollars’ each for a private equity and real estate fund which are ‘risk-adjusted to Australia but reward-adjusted to China’.
2 min read · 24 January 2013
Unilever pension fund makes commitment of more than €70 million to the ING Dutch funds of ING Real Estate Investment Management’s European business. Unilever switched from investing in real estate directly to indirectly in January 2009.
1 min read · 24 January 2013
As the US Congress prepares for a final vote this week on plans to limit banks involvement with private equity real estate funds, industry professionals admit the regulations are unlikely to come into effect for more than a decade – but could significantly lower bank co-investment in alternative vehicles when they do.
4 min read · 24 January 2013
ING Real Estate Investment Management, which is currently in the process of being sold, has agreed to sell the last assets of its Real Estate Office Fund of The Netherlands (REOFN) portfolio to a joint venture of Dutch family offices and Middle Eastern institutional investors.
2 min read · 24 January 2013
Lawmakers agreed to require private equity and private equity real estate firms to register with the SEC, while the 'Volcker rule' was softened to allow limited holdings in private equity real estate assets. A formal vote is expected next week.
2 min read · 24 January 2013
The US firm has won a commitment from Dutch pension fund asset manager, APG, which hasn’t invested in a private equity real estate fund in Europe for nearly three years
1 min read · 24 January 2013
The London-based European private equity real estate firm says it is focusing on small-to-medium sized properties in order to deliver net returns of 13% per year.
1 min read · 24 January 2013
KKR is now bidding alone for the Australian hospital operator against a powerhouse trio comprising of Blackstone, TPG and Carlyle.
2 min read · 24 January 2013
