Edmund Craston, managing director of London-based private equity real estate firm Rockspring Property Investment Managers, responds to today's challenge of managing different types of investors in the same vehicle. He speaks to PERE on the sidelines of last week's PERE Forum: Europe in London.
1 min read · 24 January 2013
The Los Angeles-based firm has closed its second debt vehicle more than $200m over-target after raising commitments from 25 investors.
2 min read · 24 January 2013
The July issue of PERE magazine features 10 women who are fundamentally shaping the private real estate industry today. Each wields significant clout among their peers and are seen by the industry as pioneering leaders in their field.
2 min read · 24 January 2013
A bill that would have prohibited CalSTRS and CalPERS from investing with managers employing “predatory investment practices” failed to pass in a California Senate committee Tuesday.
2 min read · 24 January 2013
David Snow explains why Goldman’s huge principal investment area will remain safely in-house.
3 min read · 24 January 2013
The government has eliminated its previous 5%, 15% and 25% cap on pension plan investments in real estate and Canadian resource properties, with expectations the rule could result in rising allocations to the asset class.
2 min read · 24 January 2013
PERE hears the views of Dean Hodcroft, Ernst & Young's head of real estate, hospitality and construction for Europe, the Middle East, India and Africa, on just how involved limited partners should be in the investment decision-making processes of their fund managers. Hodcroft spoke on the sidelines of last week's PERE Forum: Europe conference in London.
1 min read · 24 January 2013
As the US Congress prepares for a final vote this week on plans to limit banks involvement with private equity real estate funds, industry professionals admit the regulations are unlikely to come into effect for more than a decade – but could significantly lower bank co-investment in alternative vehicles when they do.
4 min read · 24 January 2013
The Pennsylvania State Employees' Retirement System reports returns of -29.3% for its 60 real estate portfolio investments during 2009, a period when it also paid $28.5m in management and consultant fees.
2 min read · 24 January 2013
Beth Ann Roybal has been charged with stealing $500,000 from the Colorado Public Employees' Retirement Association between 1993 and 2009, where she worked as a real estate investment official and property manager.
2 min read · 24 January 2013
