Placement agent Alfred Villalobos is facing a civil suit, while the head of the pension’s alternatives programme has been placed on leave.
2 min read · 24 January 2013
Earth Capital Partners has launched its Forestry Fund I targeting 12% IRRs through the acquisition of established plantations and agricultural land ripe for planting in Brazil and other Latin America countries.
2 min read · 24 January 2013
The real estate placement group lost a raft of personnel last month but the group insists they will ‘surprise skeptics out there’, warning ‘we are in this for the long-term’.
2 min read · 24 January 2013
The US office and retail REIT is raising a $1bn private equity real estate fund, with its ‘entire’ acquisition team focused on sourcing deals for the fund.
2 min read · 24 January 2013
LPs are demanding consultants and advisors provide extra due diligence when recommending real estate funds for investments – or face legal challenges if losses are incurred later. PERE magazine May issue 2010
2 min read · 24 January 2013
The vice president of Canadian pension Ontario Municipal Employees Retirement System Philip Haggerty said there is a need for American institutions to make large real estate and infrastructure investments directly, and that Canada is ‘opening the door for partnership’.
2 min read · 24 January 2013
Barry Sternlicht’s Starwood Capital Group was the biggest riser in the 2010 PERE 30 ranking. Two fund closings totalling almost $2.8bn saw the private equity real estate firm launch itself from 30th place to 13th place.
2 min read · 24 January 2013
LPs speaking at a conference, including the CIO of CalPERS and the CEO for Guggenheim Partners Asset Management, noted obstacles they have faced including high fees and discerning what is 'simply leveraged beta'.
3 min read · 24 January 2013
Richard Cohen has joined the New York-based firm as managing director to help the real estate investment firm raise capital from US investors.
2 min read · 24 January 2013
The pension’s CIO Joseph Dear said LPs that can 'stick together' in the face of GP opposition will be able to win more LP-friendly terms.
2 min read · 24 January 2013
