Bank-affiliated infrastructure platforms dominate The Infrastructure Investor 30, a new annual ranking of industry players. Together the 30 largest infrastructure investment groups have formed $140.5 billion of capital for the asset class over the past five years.
3 min read · 24 January 2013
A collection of West coast office buildings has California seeing green. PERE magazine June 2010
1 min read · 24 January 2013
In investing its $4.7 billion G7 fund, Morgan Stanley Real Estate Investing says it will be more disciplined and targeted in the deals it sources. The US, Western Europe and Japan will be the fund’s primary focus. PERE magazine June 2010
8 min read · 24 January 2013
LPs are expected to invest $8 billion of new capital to value-added and opportunistic funds in 2010. REITs believe some of that money should go to them. PERE magazine June 2010
2 min read · 24 January 2013
CalPERS’ well-liked private equity chief, Leon Shahinian, has been placed on administrative leave after allegedly failing to disclose gifts and travel from a placement agent. ‘We get these offers all the time’, says one fellow LP who described Shahinian as a ‘good man’.
4 min read · 24 January 2013
Morgan Stanley Real Estate Investing has just closed its latest opportunity fund on $4.7bn. In closing the largest private equity real estate fund post-Lehman, MSREI is refocusing attention on its future, rather than the recent past. MSREI CEO Owen Thomas and CIO Jay Mantz talk about the challenges of the past 18 months – and how the New York-based platform is investing its capital once again.
10 min read · 24 January 2013
Argonaut Private Equity, an investment firm of US billionaire George Kaiser, has teamed up with hotel real estate and management company Aimbridge Hospitality for a $100m co-investment fund. The partnership marks Argonaut’s foray into hotel investments.
2 min read · 24 January 2013
The Makena Beach & Golf Resort in Hawaii has been sold at a foreclosure auction for a reported $55m, snapped up by the hotel’s mortgage holders led by Wells Fargo. The auction marks a substantial discount on the resort’s 2007 price tag of $575m, when it was acquired by Morgan Stanley Real Estate Fund V and developer The Dowling Company.
2 min read · 24 January 2013
In an effort to curb the use of placement agents, the US' largest public pension has set up an automated PPM system that has been greeted with market scepticism.
3 min read · 24 January 2013
A pre-identified pipeline of assets has helped Harvest attract commitments to its development fund. PERE Magazine June 2010 issue
2 min read · 24 January 2013
