Serge-Alexandre Lauper will serve as the co-head of investment management for Swiss Re Private Equity Partners. He left Horizon21, the Swiss alternative asset manager with a fund-of-funds for infrastructure, about two weeks ago.
2 min read · 24 January 2013
The sale of Citi Property Investors would mean different things depending on which of the short-listed buyers wins the race to buy the platform. PERE illustrates some pros and cons of each bid.
4 min read · 24 January 2013
David Snow ponders what a proposed US banking rule would mean for captive private equity and private equity real estate firms.
3 min read · 24 January 2013
The Hong Kong-based firm's focus on Dubai continues with the launch of a fund to 'support sustainable businesses connected to Dubai as a trading, logistical and financial centre'. The fund will target hospitality.
2 min read · 24 January 2013
The joint venture has admitted final defeat in trying to restructure the debt on the New York multifamily complex, saying they had no intention of putting Stuyvesant Town/Peter Cooper Village into bankruptcy.
2 min read · 24 January 2013
Barack Obama wants to clamp down on bank-sponsored private equity funds. It could mark the end for such vehicles in the US. By Zoe Hughes
3 min read · 24 January 2013
Some professionals are still in the dark about the ILPA principles. If they plan to win the hearts and minds of LPs, they better find their reading lights – and fast.
3 min read · 24 January 2013
Simon Marriott, MGPA’s head of UK acquisitions jumps ship to join Oxford Properties, the real estate arm of the Canadian pension fund Ontario Municipal Employees Retirement System.
1 min read · 24 January 2013
The Lone Star Real Estate Fund is acquiring Lodgian, which operates 34 assets, for $270 million including debt Lone Star Funds is making an investment in the US hotel sector via its Lone Star Real Estate Fund.
1 min read · 24 January 2013
A $209m stalking horse offer to buy 134 senior living facilities is to be recommended to bankruptcy court. The deal would also include the assumption of $945m in debt. The SEC alleged Sunwest was a “virtual Ponzi scheme” in 2009.
2 min read · 24 January 2013