The real estate arm of Goldman Sachs has pulled out of a planned $1bn development of New York City’s west side rail yards, leaving developer Related to fly solo. Related remains 'committed' to the project.
2 min read · 24 January 2013
Los Angeles-based Colony Capital makes its first non performing loan deal in Europe since the credit crunch and scoops a first by dealing with Germany’s co-operative workout loan bank, BAG. PERE Magazine, February issue.
2 min read · 24 January 2013
Biomass may not generate as many headlines as other renewable sources of energy but those looking at it have found a sector with growth potential, an interesting revenue stream, and solid government support across Europe – especially in the UK.
3 min read · 24 January 2013
Kohlberg Kravis Roberts is hoping to create a new paradigm for investing in infrastructure. Part of its ‘toolkit’ involves people with experience in crackers – but not the RJR Nabisco kind. Cezary Podkul caught up with infrastructure pointmen Marc Lipschultz and Raj Agrawal to find out more
4 min read · 24 January 2013
Three investment experts share their views on the role of modern portfolio theory in real estate allocation policies – and the limits that weak data impose on attempting to treat real estate like just another asset class. PERE magazine, February 2010 issue
4 min read · 24 January 2013
The Boston-based firm has held a final close on its latest vehicle, which was originally targeting $6bn.
2 min read · 24 January 2013
The Blackstone Advisory Services vice chairman has slated Japan to be the best performing major industrialised market. The prediction sparked plenty of reaction. Interview by Jonathan Brasse.
2 min read · 24 January 2013
Proposed EU regulations covering the private equity industry have received more 1,000 demands for amendments by MEPs.
2 min read · 24 January 2013
Invesco and Oaktree have secured commitments from the $126bn New York State Common Retirement Fund. The pension also committed $160m to four private equity funds.
2 min read · 24 January 2013
Roughly 60 commingled property vehicles closed on commitments last year, raising $30.4bn – a 66% reduction from the peak of 2007. More than a third of all funds closed were targeting Europe.
2 min read · 24 January 2013
