Treating placement agents as lobbyists under California law would impose the proper limitations on the practice, CalPERS’ president Rob Feckner wrote in a letter to the pension’s board.
3 min read · 21 January 2013
The departure of Joshua Gotbaum from Blue Wolf Capital will not trigger a key-man clause.
3 min read · 21 January 2013
A majority of US GPs expect carry to be taxed at an increased rate of 39.6%, which will hurt their ability to attract and retain talent, according to a recent survey.
2 min read · 21 January 2013
The global private equity and real estate firm will acquire up to 49.9% of Gateway Rail Freight in its second Indian logistics deal. GRF currently has terminals in Ludhiana, Mumbai and Garhi, with plans to expand to Faridabad.
1 min read · 21 January 2013
A $3bn A-note from the $5.4bn Tishman Speyer, BlackRock transaction has been transferred to CWCapital after the owners 'requested relief', Fitch Ratings revealed.
2 min read · 21 January 2013
A start-up real estate investment firm, led by former Lend Lease Europe chairman Nigel Hugill, will receive investment capital from the US- and Europe-focused private equity firm’s recently closed $1.9bn Fund III.
2 min read · 21 January 2013
Fresh from a $1.3bn fund close, the private equity firm has backed a start-up real estate investment firm led by former Lend Lease Europe chairman Nigel Hugill.
2 min read · 21 January 2013
Asia, the Middle East and Europe are set to increase their alternative asset appetites, according to Blackstone CEO Stephen Schwarzman.
2 min read · 21 January 2013
At a major property event in San Francisco, industry professionals debated the drag that unemployment will have on US real estate value recovery. By Zoe Hughes
2 min read · 21 January 2013
The majority acquisition of the Lloyd Center in Portland, Oregon and WestShore Plaza in Tampa, Florida, is financed by $218 million of existing mortgage loans on the properties.
1 min read · 21 January 2013