San Francisco-based secondaries specialist Liquid Realty Partners has hired former Morgan Stanley dealmaker Mark Degner as managing director of acquisitions, to replace former CIO Jeff Giller.
1 min read · 24 January 2013
The New York-based private equity real estate firm has teamed up with developers in Kentucky and Texas to acquire and develop student housing near public universities in the US. The firm hopes to close another five to eight by the end of the year.
2 min read · 24 January 2013
The Los Angeles-based private equity real estate firm has broadened the investment remit of its New Zealand-focused opportunity fund to include Australian and US investments too.
2 min read · 24 January 2013
Joe Azrack, Apollo Global Management’s head of real estate, has been speaking with PERE ahead of his appearance at next month's PERE Forum: Europe in London.
2 min read · 24 January 2013
The crafters of the AIFM have good intentions, but they must be shown that key proposals of this directive benefit no one and may create a Kafkaesque business environment, writes David Snow.
3 min read · 24 January 2013
A California bill that would require placement agents to take flat fees for fundraising services failed to pass a committee Wednesday, prompting key state officials to threaten a push for a full ban on placement agents.
2 min read · 24 January 2013
Private equity distressed players are finding good returns by helping to capitalise small, distressed businesses, and by scouting for buyout-backed companies being groomed for exit.
2 min read · 24 January 2013
The Chicago-based private equity real estate firm is reportedly raising up to $500m of equity to beef up its investment in Brazilian real estate, anticipating strong demand in the region due to the economy’s rapid growth.
2 min read · 24 January 2013
Bill White, president of New York City’s Entrepid museum, has reportedly stepped down. The New York Attorney General's office had subpoenaed White’s firm about fees it received from City Investment Fund, the real estate investment platform established by affiliates of Fisher Brothers and Morgan Stanley Real Estate.
2 min read · 24 January 2013
As Hong Kong-based private equity real estate firm Harvest Capital prepares to announce the names of the investment committee of its latest China investment fund, capital raising head George Agethen tells PERE why at least 50% of the committee should come from outside the business.
3 min read · 24 January 2013