A US real estate fund managed by RREEF might receive an approach from San Francisco-based Stockbridge Capital Partners to take over the management of the vehicle. Meanwhile, two other RREEF-managed closed ended real estate funds are coming under pressure from stockholders.
4 min read · 21 January 2013
Canadian asset manager Brookfield, which last week announced the formation of a $4bn real estate investor club, says it has enhanced its capital raising team by hiring fundraising exectuives including three former Bear Stearns professionals.
2 min read · 21 January 2013
The Swiss-based alternatives firm which advises some of the largest investors in the world says only very few markets such as the UK have reached the ‘late downturn’ stage. The finding comes as Blackstone is tipped to buy a 50 percent stake in a London office complex for £150m.
2 min read · 21 January 2013
The Chinese Sovereign Wealth fund has reportedly shortlisted nine fund managers taking part in the US Public-Private Investment Plan.
2 min read · 21 January 2013
The Texas-based company, which manages a number of closed-ended funds and joint ventures, says it will target $3.5bn from individual investors in the initial public offering of Hines Global REIT. The firms says it will have the advantage of tenure and expertise in developed markets as well as in emerging markets.
1 min read · 21 January 2013
Secured Capital Japan (SCJ), the Tokyo-listed real estate fund manager, has held a final close of $525 million for its fourth real estate opportunity fund.
1 min read · 21 January 2013
In the middle of a real estate depression, how did Brookfield, led by CEO Bruce Flatt, manage to attract $4bn in commitments to an opportunistic strategy? Jonathan Brasse explains
3 min read · 21 January 2013
A day after the Och-Ziff backed company announced a hitch in its debut deal, reports are suggesting junior lender Citi wants to buy the assets instead in order to recover value.
1 min read · 21 January 2013
Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.
4 min read · 21 January 2013
San Francisco-based Probitas Partners has capitalised on the move by hiring two of Deloitte’s former team to bolster its European business.
2 min read · 21 January 2013
