Research by Swiss group, SCM Strategic Capital Management, suggests placement agents decided not to work for certain firms last year in the belief that their fundraising efforts would flounder
1 min read · 24 January 2013
The Los Angeles-based real estate fund manager has appointed Justin Chang as principal to lead its push into private equity. Chang left TPG's Hong Kong office in 2008 after focusing on the firm’s technology practice.
2 min read · 24 January 2013
The firm had offered $2.4bn, which included the assumption of debt, to acquire Ohio-based Cedar Fair. The deal did 'not have the required level of investor support', the company said.
2 min read · 24 January 2013
Several institutions have carved out – or considered creating – space for private equity for the first time, countering a retreat by struggling LPs with more experience in the asset class.
2 min read · 24 January 2013
USAA Real Estate has teamed up with Crimson Real Estate Advisors to launch the Crimson Real Estate Fund, targeting opportunities in key growth markets across the US.
1 min read · 24 January 2013
Nine out of 10 fund managers expect that? opportunities to acquire US distressed real estate will increase or increase significantly at the end of 2010, making it a ‘set up’ year to prepare for 2011.
3 min read · 24 January 2013
The Wes Edens-led firm is approaching LPs in a 2007 $1.2bn co-investment fund for money to pay down debt in the portfolio.
1 min read · 24 January 2013
The Dutch fund manager has transferred around 70 property fund interests of its main client into a new €4bn vehicle. It intends to sell small stakes in those interests to other pension fund clients. By Robin Marriott and Zoe Hughes.
2 min read · 24 January 2013
The real estate arm of the Qatar sovereign fund has teamed up with Voyager Partners to become the largest shareholder in the hotel group taken private by Kingdom Holding Company and Colony Capital for $5.5bn in 2006.
2 min read · 24 January 2013
The $47bn pension has transferred its 1.5% allocation for public real estate securities to private property investments to help cover $3.4bn of unfunded commitments.
2 min read · 24 January 2013
