Aureos Capital, the London-based private equity firm, has joined forces with Urbi Desarrollos Urbanos, the Mexican residential developer, to create more low-income housing in Mexico.
2 min read · 24 January 2013
The former co-founder of Credit Suisse’s real estate equity group Trevor Bond has been named interim chief executive officer of the New York-based sale-leaseback firm, effective today, until a successor to Gordon DuGan is found.
2 min read · 24 January 2013
The fragile nature of the relationship between firms and public pensions was highlighted recently by two events – an SEC ban on unregistered placement agents, and a controversial speech given by a Blackstone executive. Christopher Witkowsky explores.
3 min read · 24 January 2013
Will the US Congress’ calls for strict limits on bank co-investment in captive private equity real estate funds encourage financial institutions to leave the industry?
3 min read · 24 January 2013
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