Amanda Jean-Baptiste, a former principal at Lehman Brothers Real Estate Partners, has joined emerging markets specialist Actis in its London office as director of real estate.
1 min read · 24 January 2013
Beth Ann Roybal has been charged with stealing $500,000 from the Colorado Public Employees' Retirement Association between 1993 and 2009, where she worked as a real estate investment official and property manager.
2 min read · 24 January 2013
The $156m investment marks the US pension’s first direct infrastructure investment and the third stake controlling-owner GIP has sold to an institutional investor. GIP bought Gatwick for £1.5bn last December.
2 min read · 24 January 2013
Weijian Shan has been appointed chairman and CEO of Pacific Alliance Group, where he will also head an Asia-focused buyout fund. TPG will continue to maintain a 'business relationship' with Shan.
3 min read · 24 January 2013
The New York-based real estate investment firm is changing its name from GoldenTree InSite Partners to GTIS Partners after spinning out from its parent company, GoldenTree Asset Management.
2 min read · 24 January 2013
JP Morgan’s $716.3m CMBS sale last week contains the strong underwriting reminiscent of years past, but whether this will develop into a pattern as the market sees more transactions remains to be seen, according to the latest Fitch Ratings US CMBS newsletter.
1 min read · 24 January 2013
Will more capital calls mean more LP defaults this year?
6 min read · 24 January 2013
A new transparency initiative from Texas Teachers puts a spotlight on the US’ anachronistic ban on ‘general solicitation’.
3 min read · 24 January 2013
The traditional private equity real estate business model of allocating capital to operators for deals – thereby charging double promotes – doesn’t work universally anymore, according to Castle Hill founder and former Perry Capital executive, Robert Stern.
3 min read · 24 January 2013
Under a compromise between the US Senate and House of Representatives, most private equity funds will have to register with the SEC, while venture capital firms will be exempt.
2 min read · 24 January 2013
