The Swiss-based private markets investment firm says discounts to net asset values improved from the buyer’s perspective for secondary real estate portfolios towards the end of last year.
3 min read · 17 January 2013
Ranieri Real Estate Partners, the New York-based firm co-founded by Lewis Ranieri, has held a $158 million first close on its distressed debt vehicle targeting US commercial real estate opportunities.
1 min read · 17 January 2013
The $51 billion Pennsylvania Public School Employees' Retirement System has launched a new private markets and real estate programme to make co-investments and secondary fund purchases from existing managers.
2 min read · 17 January 2013
The $15 billion pension fund has promoted Lindsey Adams to senior portfolio manager of real estate, a position that has been vacant for more than two years.
1 min read · 17 January 2013
The London-based property investment has taken over one commingled fund and one separate account from neighbor Invista Real Esatate Management, which has been conducting an orderly break-up.
2 min read · 17 January 2013
The San Francisco-based real estate investment management firm exceeded the capital raising target for its third value-added real estate fund within six months.
2 min read · 17 January 2013
Morgan Stanley Real Estate Investing has written to the investors of its latest global opportunity real estate fund confirming their vote to extend the investment period of the vehicle by another 12 months.
2 min read · 17 January 2013
The Greenwich, Connecticut-based firm, led by Barry Sternlicht, is targeting between $2 billion and $3 billion for Starwood Distressed Opportunity Fund IX and is offering management fee breaks for the first time in its history.
2 min read · 17 January 2013
The Houston-based developer and investment management firm has completed the purchase of an office building in London on behalf of an unnamed Asia investor.
2 min read · 17 January 2013
The real estate equity investment arm of the US insurance group has committed more than $1.1 billion this year and is in the process of growing its portfolio by up to $3 billion over the next three years. It expects an even bigger expansion into direct investing in the US, particularly through co-investments and JVs.
3 min read · 18 January 2013
